Xaar (LON:XAR) Issues Quarterly Earnings Results

Xaar (LON:XAR) released its earnings results on Tuesday. The company reported GBX 0.70 ($0.01) earnings per share (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 7.1 %

Shares of XAR traded up GBX 4.81 ($0.06) during mid-day trading on Thursday, reaching GBX 72.81 ($0.94). The company’s stock had a trading volume of 128,407 shares, compared to its average volume of 115,637. Xaar has a 1 year low of GBX 57.60 ($0.74) and a 1 year high of GBX 150.50 ($1.94). The company has a market cap of £57.64 million, a price-to-earnings ratio of -16.56, a price-to-earnings-growth ratio of 3.73 and a beta of 1.66. The company has a quick ratio of 1.31, a current ratio of 2.72 and a debt-to-equity ratio of 14.19. The business has a fifty day moving average of GBX 71.86 and a 200 day moving average of GBX 81.52.

Insider Activity at Xaar

In other Xaar news, insider Paul James acquired 14,841 shares of the firm’s stock in a transaction that occurred on Tuesday, March 25th. The stock was purchased at an average cost of GBX 67 ($0.86) per share, for a total transaction 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.