Xaar (LON:XAR) Announces Earnings Results

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

Xaar Stock Up 1.5 %

Shares of LON:XAR opened at GBX 69 ($0.89) on Thursday. The company has a market cap of £54.62 million, a price-to-earnings ratio of -15.69, a PEG ratio of 3.73 and a beta of 1.66. The firm’s 50-day simple moving average is GBX 71.86 and its 200-day simple moving average is GBX 81.52. Xaar has a fifty-two week low of GBX 57.60 ($0.74) and a fifty-two week high of GBX 150.50 ($1.94). The company has a quick ratio of 1.31, a current ratio of 2.72 and a debt-to-equity ratio of 14.19.

Insiders Place Their Bets

In related news, insider Paul James acquired 14,841 shares of the business’s stock in a transaction that occurred on Tuesday, March 25th. The stock was purchased at an average cost of GBX 67 ($0.86) per share, for a total transaction of £9,943.47 ($12,802.20). 7.76% of the stock is currently owned by company 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.