Xaar (LON:XAR) Stock Price Passes Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Xaar plc's stock price has recently surpassed its 200-day moving average of GBX 100.68, with current trading at GBX 114.52.
• The company has a market capitalization of £89.06 million and a P/E ratio of -25.59, indicating potential financial concerns.
• Insider Paul James purchased 7,889 shares at an average price of GBX 126, suggesting some confidence in the company's future.

Xaar plc (LON:XAR - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 100.68 ($1.36) and traded as high as GBX 116 ($1.56). Xaar shares last traded at GBX 114.52 ($1.54), with a volume of 78,390 shares changing hands.

Xaar Stock Performance

The firm has a market cap of £90.25 million, a PE ratio of -25.93, a P/E/G ratio of 3.73 and a beta of 1.66. The company has a current ratio of 2.72, a quick ratio of 1.31 and a debt-to-equity ratio of 14.19. The business has a fifty day moving average price of GBX 122.37 and a 200 day moving average price of GBX 101.85.

Insider Transactions at Xaar

In other news, insider Paul James purchased 7,889 shares of the company's stock in a transaction that occurred on Monday, June 30th. The shares were purchased at an average price of GBX 126 per share, for a total transaction of £9,940.14. 7.76% of the stock is owned by corporate insiders.

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.