Xeros Technology Group (LON:XSG) Trading 10.5% Higher – Should You Buy?

Shares of Xeros Technology Group plc (LON:XSG) shot up 10.5% on Friday . The stock traded as high as GBX 2.10 and last traded at GBX 2.10. 2,086,847 shares were traded during mid-day trading, a decline of 11% from the average session volume of 2,352,737 shares. The stock had previously closed at GBX 1.90.

Xeros Technology Group Stock Performance

The firm has a market capitalization of £10.93 million, a price-to-earnings ratio of -3.56 and a beta of 1.27. The company has a debt-to-equity ratio of 13.93, a quick ratio of 3.05 and a current ratio of 7.62. The stock’s fifty day moving average is GBX 1.65 and its two-hundred day moving average is GBX 1.53.

Xeros Technology Group (LON:XSG) last issued its quarterly earnings data on Tuesday, September 30th. The company reported GBX (0.33) EPS for the quarter. Xeros Technology Group had a negative return on equity of 125.23% and a negative net margin of 1,549.43%. Analysts forecast that Xeros Technology Group plc will post -17.6399991 earnings per share for the current year.

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.