Xaar (LON:XAR) Trading Down 5.3% – Here’s What Happened

Xaar plc (LON:XAR) dropped 5.3% during trading on Tuesday . The company traded as low as GBX 72 ($0.92) and last traded at GBX 72 ($0.92). Approximately 21,543 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 89,744 shares. The stock had previously closed at GBX 76 ($0.97).

Xaar Trading Down 5.3 %

The stock has a market capitalization of £56.99 million, a PE ratio of -1,800.00, a P/E/G ratio of 3.73 and a beta of 1.66. The company’s 50 day moving average price is GBX 87.79 and its two-hundred day moving average price is GBX 114.76. The company has a debt-to-equity ratio of 14.19, a current ratio of 2.72 and a quick ratio of 1.31.

About Xaar

Xaar plc designs, develops, manufactures, markets, and sells printheads and associated products in Europe, the Middle East, Africa, Asia, and the Americas. It operates through four segments: Printhead, Product Print Systems, Digital Imaging, and Ink Supply Systems segments. The company offers print head products; digital imaging solutions, comprising digital inkjet label presses and digital pathology scanners; industrial ink management and supply systems for digital inkjet; electronic products; industrial printing machines; and system components, such as ink system test kit, print manager, hydra ink supply system, midas ink supply system, inkjet development system, head personality card 1000, and 2001+ head personality card.