Xaar (LON:XAR) Stock Price Crosses Above 200-Day Moving Average - Should You Sell?

Xaar plc (LON:XAR - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 80.39 ($1.05) and traded as high as GBX 93 ($1.22). Xaar shares last traded at GBX 90.60 ($1.19), with a volume of 171,042 shares traded.

Xaar Trading Up 1.3 %

The firm's 50-day moving average price is GBX 74.16 and its 200-day moving average price is GBX 80.22. The company has a market cap of £72.04 million, a P/E ratio of -20.70, a price-to-earnings-growth ratio of 3.73 and a beta of 1.66. The company has a quick ratio of 1.31, a current ratio of 2.72 and a debt-to-equity ratio of 14.19.

Xaar (LON:XAR - Get Free Report) last issued its earnings results on Tuesday, March 25th. The company reported GBX 0.70 ($0.01) earnings per share (EPS) for the quarter. Xaar had a negative net margin of 5.32% and a negative return on equity of 4.85%. As a group, equities research analysts expect that Xaar plc will post 4.968795 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Jacqueline Sutton bought 5,000 shares of the firm's stock in a transaction that occurred on Monday, March 31st. The shares were acquired at an average price of GBX 105 ($1.37) per share, with a total value of £5,250 ($6,869.03). Also, insider Paul James purchased 14,841 shares of the business's stock in a transaction on Tuesday, March 25th. The stock was purchased at an average cost of GBX 67 ($0.88) per share, with a total value of £9,943.47 ($13,009.90). 7.76% of the stock is currently owned by insiders.

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.