Xaar (LON:XAR) Trading 20.1% Higher – Should You Buy?

Shares of Xaar plc (LON:XAR) shot up 20.1% on Friday . The stock traded as high as GBX 88.20 ($1.14) and last traded at GBX 87.68 ($1.14). 249,423 shares were traded during trading, an increase of 109% from the average session volume of 119,356 shares. The stock had previously closed at GBX 73 ($0.95).

Xaar Price Performance

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 company’s 50 day simple moving average is GBX 71.83 and its 200 day simple moving average is GBX 81.29. The company has a market capitalization of £69.05 million, a PE ratio of -19.84, a price-to-earnings-growth ratio of 3.73 and a beta of 1.66.

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

Insider Activity at Xaar

In other Xaar news, insider Paul James purchased 14,841 shares of the firm’s stock in a transaction that occurred on Tuesday, March 25th. The stock was purchased at an average price of GBX 67 ($0.87) per share, for a total transaction of £9,943.47 ($12,873.47). Insiders own 7.76% of the company’s stock.

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.