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

XP Power Limited (LON:XPP)’s share price hit a new 52-week low on Monday . The company traded as low as GBX 758 ($9.80) and last traded at GBX 768 ($9.93), with a volume of 179175 shares changing hands. The stock had previously closed at GBX 820 ($10.60).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft dropped their price target on XP Power from GBX 1,325 ($17.13) to GBX 990 ($12.80) and set a “hold” rating for the company in a research note on Friday, March 7th.

XP Power Trading Down 6.3 %

The firm’s 50 day simple moving average is GBX 1,080.20 and its 200-day simple moving average is GBX 1,217.82. The company has a market capitalization of £185.81 million, a PE ratio of -12.70, a P/E/G ratio of 0.44 and a beta of 1.48. The company has a quick ratio of 0.69, a current ratio of 1.87 and a debt-to-equity ratio of 110.81.

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.