David Armfield Buys 1,600,000 Shares of Xeros Technology Group plc (LON:XSG) Stock

Xeros Technology Group plc (LON:XSG) insider David Armfield bought 1,600,000 shares of Xeros Technology Group stock in a transaction that occurred on Tuesday, February 11th. The stock was bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £16,000 ($19,915.36).

Xeros Technology Group Price Performance

XSG stock opened at GBX 1.17 ($0.01) on Thursday. Xeros Technology Group plc has a 1 year low of GBX 0.33 ($0.00) and a 1 year high of GBX 4 ($0.05). The company has a debt-to-equity ratio of 13.93, a quick ratio of 3.05 and a current ratio of 7.62. The stock’s 50 day moving average price is GBX 0.49 and its 200 day moving average price is GBX 0.67. The firm has a market cap of £6.09 million, a P/E ratio of -58.50 and a beta of 1.27.

About Xeros Technology Group

Xeros Technology plc has developed patented and proven, industry-leading technologies which reduce the environmental impact of how industries make and care for clothes.

The traditional wet processing methods used in industrial and domestic laundry and garment manufacturing consume billions of litres of fresh water and large amounts of energy and chemicals, as well as damaging and weakening clothing fibres and creating rising levels of environmental pollution.