Xaar (LON:XAR) Shares Up 12.1% – What’s Next?

Xaar plc (LON:XAR)’s share price shot up 12.1% during mid-day trading on Tuesday . The company traded as high as GBX 139 ($1.88) and last traded at GBX 134.50 ($1.82). 314,393 shares traded hands during trading, an increase of 115% from the average session volume of 146,362 shares. The stock had previously closed at GBX 120 ($1.63).

Xaar Stock Up 12.1%

The firm’s 50 day moving average price is GBX 101.76 and its 200-day moving average price is GBX 83.39. The company has a current ratio of 2.72, a quick ratio of 1.31 and a debt-to-equity ratio of 14.19. The company has a market cap of £106.48 million, a P/E ratio of -30.59, a price-to-earnings-growth ratio of 3.73 and a beta of 1.66.

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

Insider Transactions at Xaar

In other news, insider Jacqueline Sutton acquired 5,000 shares of the firm’s stock in a transaction that occurred on Monday, March 31st. The stock was purchased at an average price of GBX 105 ($1.42) per share, for a total transaction of £5,250 ($7,114.79). Also, insider Paul James bought 14,841 shares of the stock in a transaction on Tuesday, March 25th. The stock was purchased at an average cost of GBX 67 ($0.91) per share, with a total value of £9,943.47 ($13,475.36). 7.76% of the stock is owned by corporate insiders.

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.