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

Xaar plc (LON:XAR) traded up 20.1% during trading on Friday . The company traded as high as GBX 88.20 ($1.14) and last traded at GBX 87.68 ($1.13). 249,423 shares traded hands during trading, an increase of 109% from the average session volume of 119,356 shares. The stock had previously closed at GBX 73 ($0.94).

Xaar Price Performance

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

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

Insider Activity at Xaar

In other news, insider Paul James purchased 14,841 shares of Xaar stock in a transaction dated Tuesday, March 25th. The stock was purchased at an average cost of GBX 67 ($0.87) per share, for a total transaction of £9,943.47 ($12,870.14). 7.76% of the stock is owned by company insiders.

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.