XP Power (LON:XPP) Hits New 1-Year Low – Here’s Why

XP Power Limited (LON:XPP) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 861 ($11.20) and last traded at GBX 860 ($11.19), with a volume of 8792 shares changing hands. The stock had previously closed at GBX 890 ($11.58).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reduced their price target on shares of XP Power from GBX 1,325 ($17.24) to GBX 990 ($12.88) and set a “hold” rating on the stock in a research report on Friday, March 7th.

XP Power Stock Down 3.4 %

The firm has a 50-day simple moving average of GBX 1,144.74 and a 200 day simple moving average of GBX 1,249.07. The company has a market capitalization of £208.07 million, a PE ratio of -14.23, a price-to-earnings-growth ratio of 0.44 and a beta of 1.48. The company has a debt-to-equity ratio of 110.81, a current ratio of 1.87 and a quick ratio of 0.69.

About XP Power

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.