Peel Hunt reaffirmed their hold rating on shares of Xaar (LON:XAR) in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

Xaar stock traded down GBX 0.80 ($0.01) during mid-day trading on Monday, hitting GBX 97 ($1.27). 374,395 shares of the stock were exchanged, compared to its average volume of 48,106. The company has a quick ratio of 2.61, a current ratio of 4.30 and a debt-to-equity ratio of 0.10. Xaar has a 12 month low of GBX 73.60 ($0.96) and a 12 month high of GBX 276.50 ($3.61). The firm’s fifty day moving average price is GBX 81.70. The firm has a market capitalization of $75.88 million and a PE ratio of -6.06.

Xaar Company Profile

Xaar plc develops digital inkjet technology in Europe, the Middle East, Africa, Asia, and the Americas. It operates in two segments, Product Sales, Commissions and Fees; and Royalties. The company designs and manufactures piezoelectric drop-on-demand industrial inkjet print heads, product decoration systems, industrial 3d printing systems, inks and fluids, and systems components.

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