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Xaar (LON:XAR) Stock Crosses Below 200-Day Moving Average - What's Next?

Xaar logo with Computer and Technology background

Key Points

  • Xaar plc's stock has recently dropped below its 200-day moving average of GBX 112.26, trading as low as GBX 108.22 before closing at GBX 123.
  • The company has a market capitalization of £93.09 million and a notably high PE ratio of -834.04.
  • Insider Inken Braunschmidt purchased 4,000 shares at GBX 128 each, now holding 2.67% of the company's stock.
  • Five stocks to consider instead of Xaar.

Shares of Xaar plc (LON:XAR - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 112.26 ($1.51) and traded as low as GBX 108.22 ($1.46). Xaar shares last traded at GBX 123 ($1.66), with a volume of 219,098 shares.

Xaar Stock Performance

The company has a market capitalization of £93.09 million, a PE ratio of -834.04, a PEG ratio of 3.73 and a beta of 1.66. The company has a 50 day moving average of GBX 124.35 and a two-hundred day moving average of GBX 112.26. The company has a debt-to-equity ratio of 14.19, a current ratio of 2.72 and a quick ratio of 1.31.

Insiders Place Their Bets

In other news, insider Inken Braunschmidt purchased 4,000 shares of Xaar stock in a transaction that occurred on Wednesday, October 1st. The shares were bought at an average cost of GBX 128 per share, with a total value of £5,120. 2.67% of the stock is currently owned by insiders.

Xaar Company Profile

(Get Free Report)

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.

See Also

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