Xaar plc (LON:XAR – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 121.18 and traded as low as GBX 116. Xaar shares last traded at GBX 125, with a volume of 80,992 shares.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 140 price target on shares of Xaar in a research note on Tuesday, March 24th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 140.
Check Out Our Latest Stock Analysis on XAR
Xaar Price Performance
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.
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