Xaar (LON:XAR) Posts Quarterly Earnings Results

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

Xaar Stock Performance

Shares of XAR traded up GBX 5.83 ($0.08) during mid-day trading on Thursday, reaching GBX 73.83 ($0.95). The company had a trading volume of 137,756 shares, compared to its average volume of 115,790. The stock has a 50 day moving average of GBX 71.86 and a two-hundred day moving average of GBX 81.52. 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 stock has a market capitalization of £58.45 million, a P/E ratio of -16.79, a PEG ratio of 3.73 and a beta of 1.66. Xaar has a 52-week low of GBX 57.60 ($0.74) and a 52-week high of GBX 150.50 ($1.94).

Insider Buying and Selling at Xaar

In other Xaar news, insider Paul James acquired 14,841 shares of the business’s stock in a transaction dated Tuesday, March 25th. The stock was acquired 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 corporate 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.