XP Power (LON:XPP) Given Buy Rating at Peel Hunt
Peel Hunt reissued their buy rating on shares of XP Power (LON:XPP) in a research note published on Friday morning, ThisIsMoney.Co.Uk reports.
Shares of XPP stock opened at GBX 2,230 ($29.14) on Friday. XP Power has a 52-week low of GBX 1,855 ($24.24) and a 52-week high of GBX 3,280 ($42.86). The stock has a market cap of $429.10 million and a price-to-earnings ratio of 16.79. The company has a debt-to-equity ratio of 48.37, a quick ratio of 1.60 and a current ratio of 3.56. The firm has a fifty day moving average of GBX 2,115.94 and a 200-day moving average of GBX 2,282.53.
The firm also recently disclosed a dividend, which will be paid on Thursday, October 10th. Stockholders of record on Thursday, September 12th will be paid a GBX 18 ($0.24) dividend. This is a boost from XP Power’s previous dividend of $17.00. The ex-dividend date of this dividend is Thursday, September 12th. This represents a dividend yield of 0.93%. XP Power’s dividend payout ratio is currently 0.66%.
XP Power Limited, an investment holding company, design and manufactures power supply solutions in Europe, North America, and Asia. The company offers AC-DC power supplies, including open-frame, enclosed, desktop, configurable, and DIN rail power supplies; DC-DC converters; LED drivers; high voltage power supplies; and EMI filters.
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