XP Power (LON:XPP) Insider Gavin Griggs Sells 3,002 Shares

XP Power Limited (LON:XPP) insider Gavin Griggs sold 3,002 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of GBX 904, for a total transaction of £27,138.08.

XP Power Stock Performance

XPP stock traded down GBX 13.55 during trading on Wednesday, hitting GBX 891.46. 28,694 shares of the company traded hands, compared to its average volume of 54,843. The stock’s 50-day simple moving average is GBX 960.54 and its 200 day simple moving average is GBX 925.97. XP Power Limited has a 1 year low of GBX 600 and a 1 year high of GBX 1,420. The company has a market cap of £249.89 million, a PE ratio of -15.75, a P/E/G 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.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,500 price objective on shares of XP Power in a research report on Wednesday, October 22nd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 1,245.

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.