Xaar (LON:XAR) Posts Quarterly Earnings Results

Xaar (LON:XAR) announced its quarterly earnings results on Tuesday. The company reported GBX 0.70 ($0.01) earnings per share 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

XAR stock opened at GBX 69 ($0.89) on Thursday. Xaar has a 1 year low of GBX 57.60 ($0.74) and a 1 year high of GBX 150.50 ($1.94). The stock has a market capitalization of £54.62 million, a price-to-earnings ratio of -15.69, a PEG ratio of 3.73 and a beta of 1.66. The company has a debt-to-equity ratio of 14.19, a quick ratio of 1.31 and a current ratio of 2.72. The stock’s fifty day moving average is GBX 71.86 and its two-hundred day moving average is GBX 81.52.

Insider Transactions at Xaar

In other news, insider Paul James acquired 14,841 shares of the business’s stock in a transaction that occurred on Tuesday, March 25th. The shares were purchased at an average cost of GBX 67 ($0.86) per share, for a total transaction of £9,943.47 ($12,802.20). Insiders own 7.76% of the company’s stock.

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.