Xaar (LON:XAR) Announces Quarterly Earnings Results

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

Xaar Stock Up 6.4 %

LON XAR traded up GBX 4.38 ($0.06) on Thursday, reaching GBX 72.38 ($0.93). The company had a trading volume of 122,683 shares, compared to its average volume of 115,543. 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 firm has a market capitalization of £57.30 million, a price-to-earnings ratio of -16.46, a price-to-earnings-growth ratio of 3.73 and a beta of 1.66. Xaar has a 1-year low of GBX 57.60 ($0.74) and a 1-year high of GBX 150.50 ($1.94). The company’s fifty day moving average is GBX 71.86 and its 200-day moving average is GBX 81.52.

Insider Buying and Selling at Xaar

In related news, insider Paul James bought 14,841 shares of the company’s stock in a transaction that occurred on Tuesday, March 25th. The shares were acquired at an average price of GBX 67 ($0.86) per share, for a total transaction of £9,943.47 ($12,802.20). Company 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.