Xaar (LON:XAR) Stock Price Up 20.1% – What’s Next?

Xaar plc (LON:XAR)’s share price rose 20.1% on Friday . The stock traded as high as GBX 88.20 ($1.14) and last traded at GBX 87.68 ($1.13). Approximately 249,423 shares traded hands during mid-day trading, an increase of 109% from the average daily volume of 119,356 shares. The stock had previously closed at GBX 73 ($0.94).

Xaar Stock Up 29.3 %

The company has a debt-to-equity ratio of 14.19, a current ratio of 2.72 and a quick ratio of 1.31. The stock has a 50 day moving average price of GBX 72.12 and a 200-day moving average price of GBX 81.22. The stock has a market capitalization of £74.73 million, a P/E ratio of -21.47, a PEG ratio of 3.73 and a beta of 1.66.

Xaar (LON:XAR) last posted its quarterly earnings results on Tuesday, March 25th. The company reported GBX 0.70 ($0.01) EPS for the quarter. Xaar had a negative net margin of 5.32% and a negative return on equity of 4.85%. As a group, research analysts expect that Xaar plc will post 4.968795 EPS for the current fiscal year.

Insiders Place Their Bets

In other Xaar news, insider Paul James acquired 14,841 shares of the business’s stock in a transaction on Tuesday, March 25th. The shares were acquired at an average price of GBX 67 ($0.87) per share, for a total transaction of £9,943.47 ($12,870.14). Company insiders own 7.76% of the company’s stock.

Xaar Company Profile

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.