Xaar (LON:XAR) Share Price Crosses Above 200-Day Moving Average - What's Next?

Shares of Xaar plc (LON:XAR - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 85.71 ($1.15) and traded as high as GBX 124.28 ($1.67). Xaar shares last traded at GBX 123 ($1.65), with a volume of 19,576 shares trading hands.

Xaar Price Performance

The business's 50-day simple moving average is GBX 106.75 and its 200-day simple moving average is GBX 85.71. The stock has a market cap of £97.37 million, a PE ratio of -27.98, a PEG 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.

Xaar (LON:XAR - Get Free Report) last announced its earnings results on Tuesday, March 25th. The company reported GBX 0.70 ($0.01) earnings per share for the quarter. Xaar had a negative net margin of 5.32% and a negative return on equity of 4.85%. On average, research analysts expect that Xaar plc will post 4.968795 EPS for the current fiscal year.

Insider Activity

In other Xaar news, insider Paul James acquired 14,841 shares of the company's stock in a transaction that occurred on Tuesday, March 25th. The shares were acquired at an average price of GBX 67 ($0.90) per share, with a total value of £9,943.47 ($13,348.73). Also, insider Jacqueline Sutton acquired 5,000 shares of the company's stock in a transaction that occurred on Monday, March 31st. The shares were acquired at an average cost of GBX 105 ($1.41) per share, for a total transaction of £5,250 ($7,047.93). 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.

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