Xeros Technology Group plc (LON:XSG – Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.48 and traded as low as GBX 1.35. Xeros Technology Group shares last traded at GBX 1.40, with a volume of 859,451 shares trading hands.
Xeros Technology Group Trading Up 1.8%
The company has a current ratio of 6.56, a quick ratio of 3.05 and a debt-to-equity ratio of 8.15. The firm has a market capitalization of £12.07 million, a P/E ratio of -2.26 and a beta of 2.36. The business has a 50 day moving average of GBX 1.51 and a 200-day moving average of GBX 1.48.
Xeros Technology Group (LON:XSG – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported GBX (0.62) earnings per share for the quarter. The company had revenue of GBX 24 million during the quarter. Xeros Technology Group had a negative net margin of 1,411.16% and a negative return on equity of 101.58%. Analysts anticipate that Xeros Technology Group plc will post -17.6399991 EPS for the current fiscal 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. It is estimated that washing machines contribute 35% of the 171 trillion microplastic particles in the ocean.
A range of actors, including consumers, the media NGOs and regulators are exerting pressure on these industries, with legislative action beginning to be taken.
Xeros’ three main technologies, Microfibre Pollution Filter, Laundry Care, and Garment Finishing, facilitate garment manufacturers, industrial laundries, domestic washing machine manufacturers and consumers, to reduce their environmental impact, whilst also significantly improving efficiency in the process.
Xeros’ model is to generate revenue from licensing its technologies, generating royalties and the sale of consumables.
Further Reading
- Five stocks we like better than Xeros Technology Group
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Receive News & Ratings for Xeros Technology Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xeros Technology Group and related companies with MarketBeat.com's FREE daily email newsletter.
