Xaar (LON:XAR) Posts Earnings Results

Xaar (LON:XAR) issued its quarterly earnings data on Tuesday. The company reported GBX 0.70 ($0.01) EPS for the quarter, Digital Look Earnings reports. Xaar had a negative return on equity of 4.85% and a negative net margin of 5.32%.

Xaar Stock Up 8.6 %

LON XAR traded up GBX 5.83 ($0.08) during trading on Thursday, hitting GBX 73.83 ($0.95). The company’s stock had a trading volume of 137,756 shares, compared to its average volume of 115,790. Xaar has a fifty-two week low of GBX 57.60 ($0.74) and a fifty-two week high of GBX 150.50 ($1.94). The company has a market cap of £58.45 million, a PE ratio of -16.79, a P/E/G ratio of 3.73 and a beta of 1.66. 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 business’s 50 day simple moving average is GBX 71.86 and its 200-day simple moving average is GBX 81.52.

Insider Activity at Xaar

In other news, insider Paul James bought 14,841 shares of the business’s stock in a transaction that occurred on Tuesday, March 25th. The shares were purchased at an average cost of GBX 67 ($0.86) per share, with a total value of £9,943.47 ($12,802.20). 7.76% of the stock is currently owned by 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.