Xaar (LON:XAR) Trading 12.1% Higher - Should You Buy?

Xaar plc (LON:XAR - Get Free Report)'s stock price traded up 12.1% during mid-day trading on Tuesday . The stock traded as high as GBX 139 ($1.88) and last traded at GBX 134.50 ($1.82). 314,393 shares were traded during trading, an increase of 115% from the average session volume of 146,362 shares. The stock had previously closed at GBX 120 ($1.62).

Xaar Stock Performance

The company has a market cap of £106.87 million, a price-to-earnings ratio of -30.71, a P/E/G ratio of 3.73 and a beta of 1.66. The company has a debt-to-equity ratio of 14.19, a quick ratio of 1.31 and a current ratio of 2.72. The company has a fifty day moving average of GBX 102.74 and a two-hundred day moving average of GBX 83.77.

Xaar (LON:XAR - Get Free Report) 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 return on equity of 4.85% and a negative net margin of 5.32%. Equities research analysts anticipate that Xaar plc will post 4.968795 EPS for the current year.

Insiders Place Their Bets

In related news, insider Jacqueline Sutton bought 5,000 shares of the business's stock in a transaction on Monday, March 31st. The shares were purchased at an average cost of GBX 105 ($1.42) per share, with a total value of £5,250 ($7,087.89). Also, insider Paul James purchased 14,841 shares of the firm's stock in a transaction dated Tuesday, March 25th. The stock was bought at an average cost of GBX 67 ($0.90) per share, with a total value of £9,943.47 ($13,424.42). Insiders own 7.76% of the company's stock.

Xaar Company Profile

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.