XP Power (LON:XPP) Sets New 52-Week Low at $2,545.00

XP Power Limited (LON:XPPGet Rating) reached a new 52-week low on Monday . The company traded as low as GBX 2,545 ($31.18) and last traded at GBX 2,574.50 ($31.55), with a volume of 51021 shares trading hands. The stock had previously closed at GBX 3,040 ($37.25).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reduced their price objective on XP Power from GBX 5,600 ($68.62) to GBX 4,020 ($49.26) and set a “buy” rating for the company in a research note on Monday, May 9th.

XP Power Trading Down 0.4 %

The company has a debt-to-equity ratio of 24.19, a quick ratio of 0.90 and a current ratio of 2.48. The company has a 50 day moving average of GBX 2,973.51 and a two-hundred day moving average of GBX 3,557.04. The stock has a market cap of £474.91 million and a PE ratio of 2,118.42.

XP Power Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, October 13th. Investors of record on Thursday, September 8th will be paid a GBX 19 ($0.23) dividend. This represents a dividend yield of 0.63%. The ex-dividend date of this dividend is Thursday, September 8th. This is a positive change from XP Power’s previous dividend of $18.00. XP Power’s payout ratio is currently 82.46%.

XP Power Company Profile

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

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