XPS Pensions Group (LON:XPS) Reaches New 12-Month High – Here’s What Happened

Shares of XPS Pensions Group plc (LON:XPS) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 376.40 ($4.84) and last traded at GBX 376 ($4.84), with a volume of 549158 shares traded. The stock had previously closed at GBX 363 ($4.67).

Wall Street Analysts Forecast Growth

XPS has been the subject of several recent analyst reports. Shore Capital restated a “buy” rating on shares of XPS Pensions Group in a research report on Wednesday, October 16th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 332 ($4.27) price objective on shares of XPS Pensions Group in a report on Wednesday, October 16th.

XPS Pensions Group Price Performance

The company has a market capitalization of £777.42 million, a PE ratio of 1,452.00 and a beta of 0.57. The company has a quick ratio of 1.51, a current ratio of 1.27 and a debt-to-equity ratio of 17.51. The firm’s 50-day moving average is GBX 318.45 and its 200-day moving average is GBX 299.67.

Insider Transactions at XPS Pensions Group

In other XPS Pensions Group news, insider Snehal Shah sold 66,830 shares of the company’s stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of GBX 335 ($4.31), for a total value of £223,880.50 ($288,097.41). Company insiders own 5.14% of the company’s stock.

XPS Pensions Group Company Profile

XPS Pensions Group plc, together with its subsidiaries, provides employee benefit consultancy and related business services in the United Kingdom. It offers pension advisory; independent consultancy; DB master trust schemes; and self-invested personal pension (SIPP) and SSAS pension services. The company also provides pension administer services, such as payroll, scheme administration, outsourcing, payroll, scheme accounting, and scam identification and protection services, as well as member communication, de-risking projects, GMP equalization, data audits and cleansing, and trustee secretarial services.