XP Power (LON:XPP) Hits New 52-Week Low – Here’s What Happened

Shares of XP Power Limited (LON:XPP) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 889.30 ($11.52) and last traded at GBX 910 ($11.79), with a volume of 16110 shares. The stock had previously closed at GBX 902 ($11.68).

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reduced their price objective on XP Power from GBX 1,325 ($17.16) to GBX 990 ($12.82) and set a “hold” rating on the stock in a research report on Friday, March 7th.

XP Power Stock Performance

The company has a debt-to-equity ratio of 110.81, a quick ratio of 0.69 and a current ratio of 1.87. The company has a market cap of £220.16 million, a PE ratio of -15.05, a PEG ratio of 0.44 and a beta of 1.48. The business’s 50-day moving average is GBX 1,174.70 and its 200 day moving average is GBX 1,263.70.

XP Power Company Profile

XP Power Limited, an investment holding company, designs, manufactures, and sells power supply solutions in Europe, North America, and Asia. The company offers AC-DC power supplies, DC-DC converters, high voltage AC-DC power supplies, high voltage DC-DC converters, RF power systems, EMI filters, custom power supplies, and 3 phase power supplies.