Xaar (LON:XAR) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Shares of Xaar plc (LON:XAR) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 117.68 and traded as low as GBX 105. Xaar shares last traded at GBX 113, with a volume of 85,079 shares.

Xaar Price Performance

The stock has a market cap of £90.72 million, a P/E ratio of -8.16, a price-to-earnings-growth 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 company’s fifty day simple moving average is GBX 107.67 and its 200-day simple moving average is GBX 117.59.

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.