Xeros Technology Group (LON:XSG) Stock Price Down 10.2% – Should You Sell?

Xeros Technology Group plc (LON:XSG)’s stock price traded down 10.2% during trading on Monday . The stock traded as low as GBX 1.89 and last traded at GBX 1.89. 1,244,727 shares were traded during mid-day trading, a decline of 47% from the average session volume of 2,347,745 shares. The stock had previously closed at GBX 2.10.

Xeros Technology Group Price Performance

The stock has a fifty day simple moving average of GBX 1.68 and a 200-day simple moving average of GBX 1.54. The company has a market capitalization of £10.26 million, a PE ratio of -3.34 and a beta of 1.27. The company has a current ratio of 7.62, a quick ratio of 3.05 and a debt-to-equity ratio of 13.93.

Xeros Technology Group (LON:XSG) last announced its quarterly earnings results 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%. Equities analysts anticipate that Xeros Technology Group plc will post -17.6399991 earnings per share for the current year.

About Xeros Technology Group

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.