Insider Buying: Xeros Technology Group plc (LON:XSG) Insider Acquires 1,600,000 Shares of Stock

Xeros Technology Group plc (LON:XSG) insider David Armfield acquired 1,600,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The shares were bought at an average price of GBX 1 ($0.01) per share, with a total value of £16,000 ($20,108.08).

Xeros Technology Group Trading Up 17.1 %

Shares of XSG opened at GBX 1.37 ($0.02) on Friday. Xeros Technology Group plc has a 1-year low of GBX 0.33 ($0.00) and a 1-year high of GBX 4 ($0.05). The company has a debt-to-equity ratio of 13.93, a current ratio of 7.62 and a quick ratio of 3.05. The firm has a market capitalization of £6.48 million, a price-to-earnings ratio of -0.95 and a beta of 1.27. The company has a 50-day moving average of GBX 0.49 and a 200 day moving average of GBX 0.67.

Xeros Technology Group Company Profile

Xeros Technology plc has developed patented and proven, industry-leading technologies which reduce the environmental impact of how industries make and care for clothes.

The traditional wet processing methods used in industrial and domestic laundry and garment manufacturing consume billions of litres of fresh water and large amounts of energy and chemicals, as well as damaging and weakening clothing fibres and creating rising levels of environmental pollution.