Xaar (LON:XAR) Trading Up 10.6% on Insider Buying Activity

Xaar plc (LON:XAR - Get Free Report) was up 10.6% during trading on Monday following insider buying activity. The stock traded as high as GBX 115.12 ($1.51) and last traded at GBX 104 ($1.36). Approximately 2,788,393 shares were traded during trading, an increase of 1,387% from the average daily volume of 187,455 shares. The stock had previously closed at GBX 94 ($1.23).

Specifically, insider Jacqueline Sutton purchased 5,000 shares of Xaar stock in a transaction dated Monday, March 31st. The shares were acquired at an average cost of GBX 105 ($1.38) per share, for a total transaction of £5,250 ($6,878.93). Also, insider Paul James bought 14,841 shares of the business's stock in a transaction on Tuesday, March 25th. The stock was bought at an average cost of GBX 67 ($0.88) per share, for a total transaction of £9,943.47 ($13,028.66).

Xaar Price Performance

The company has a market capitalization of £64.12 million, a price-to-earnings ratio of -18.42, a price-to-earnings-growth ratio of 3.73 and a beta of 1.66. The company has a 50-day moving average price of GBX 73.02 and a 200-day moving average price of GBX 80.84. The company has a debt-to-equity ratio of 14.19, a quick ratio of 1.31 and a current ratio of 2.72.

Xaar (LON:XAR - Get Free Report) last issued its quarterly earnings data 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%. On average, equities research analysts expect that Xaar plc will post 4.968795 EPS for the current fiscal year.

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.