Xaar (LON:XAR) Stock Price Up 20.1% - Still a Buy?

Xaar plc (LON:XAR - Get Free Report) was up 20.1% during mid-day trading on Friday . The company traded as high as GBX 88.20 ($1.14) and last traded at GBX 87.68 ($1.13). Approximately 249,423 shares traded hands during mid-day trading, an increase of 109% from the average daily volume of 119,356 shares. The stock had previously closed at GBX 73 ($0.94).

Xaar Stock Down 12.1 %

The firm has a market capitalization of £72.36 million, a price-to-earnings ratio of -20.79, a P/E/G 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. The company's 50 day moving average price is GBX 72.53 and its 200 day moving average price is GBX 81.20.

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

Insider Transactions at Xaar

In other news, insider Jacqueline Sutton acquired 5,000 shares of the firm's stock in a transaction on Monday, March 31st. The shares were bought at an average price of GBX 105 ($1.36) per share, for a total transaction of £5,250 ($6,782.95). Also, insider Paul James bought 14,841 shares of Xaar stock in a transaction dated Tuesday, March 25th. The stock was acquired at an average price of GBX 67 ($0.87) per share, with a total value of £9,943.47 ($12,846.86). 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.