Xaar (LON:XAR) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Xaar plc (LON:XAR) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 102.20 ($1.38) and traded as high as GBX 117.50 ($1.59). Xaar shares last traded at GBX 115.50 ($1.56), with a volume of 18,856 shares trading hands.

Xaar Trading Down 2.1%

The stock has a market cap of £90.25 million, a price-to-earnings ratio of -25.93, 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. The business has a 50-day moving average of GBX 122.02 and a 200-day moving average of GBX 102.20.

Insider Transactions at Xaar

In other news, insider Paul James acquired 7,889 shares of Xaar stock in a transaction that occurred on Monday, June 30th. The stock was purchased at an average price of GBX 126 per share, with a total value of £9,940.14. 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.