Xaar (LON:XAR) Releases Quarterly Earnings Results

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

Xaar Trading Up 1.5 %

Shares of LON XAR opened at GBX 69 ($0.89) on Thursday. The company has a quick ratio of 1.31, a current ratio of 2.72 and a debt-to-equity ratio of 14.19. The stock’s 50 day moving average price is GBX 71.86 and its two-hundred day moving average price is GBX 81.52. Xaar has a 52-week low of GBX 57.60 ($0.74) and a 52-week high of GBX 150.50 ($1.94). The stock has a market capitalization of £54.62 million, a P/E ratio of -15.69, a PEG ratio of 3.73 and a beta of 1.66.

Insider Transactions at Xaar

In other Xaar news, insider Paul James bought 14,841 shares of the company’s stock in a transaction on Tuesday, March 25th. The shares were bought at an average cost of GBX 67 ($0.86) per share, with a total value of £9,943.47 ($12,802.20). Insiders own 7.76% of the company’s stock.

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.