XPS Pensions Group (LON:XPS) Reaches New 1-Year High – Should You Buy?

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

Wall Street Analysts Forecast Growth

A number of research analysts have commented on XPS shares. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 332 ($4.27) price target on shares of XPS Pensions Group in a research report on Wednesday, October 16th. Shore Capital restated a “buy” rating on shares of XPS Pensions Group in a report on Wednesday, October 16th.

XPS Pensions Group Price Performance

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. The company has a market cap of £777.42 million, a PE ratio of 1,452.00 and a beta of 0.57.

Insider Transactions at XPS Pensions Group

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

About XPS Pensions Group

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.