Xaar (LON:XAR) Announces Quarterly Earnings Results

Xaar (LON:XAR) announced its quarterly earnings data on Tuesday. The company reported GBX 0.70 ($0.01) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Xaar had a negative return on equity of 4.85% and a negative net margin of 5.32%.

Xaar Stock Performance

Shares of XAR opened at GBX 67.12 ($0.87) on Wednesday. The stock has a market capitalization of £53.14 million, a PE ratio of -15.27, a price-to-earnings-growth ratio of 3.73 and a beta of 1.66. The business’s fifty day moving average price is GBX 72 and its 200 day moving average price is GBX 81.79. The company has a debt-to-equity ratio of 14.19, a current ratio of 2.72 and a quick ratio of 1.31. Xaar has a 12-month low of GBX 57.60 ($0.75) and a 12-month high of GBX 150.50 ($1.95).

Insider Buying and Selling at Xaar

In related news, insider Paul James bought 14,841 shares of the firm’s stock in a transaction on Tuesday, March 25th. The stock was bought at an average cost of GBX 67 ($0.87) per share, for a total transaction of £9,943.47 ($12,873.47). 7.76% of the stock is owned by insiders.

About Xaar

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.