Xaar (LON:XAR) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Xaar plc (LON:XAR) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 122.50 and traded as high as GBX 126.50. Xaar shares last traded at GBX 126.50, with a volume of 156,841 shares.

Xaar Stock Down 5.1%

The company has a debt-to-equity ratio of 9.54, a current ratio of 2.55 and a quick ratio of 1.31. The firm’s 50-day moving average price is GBX 129.06 and its 200 day moving average price is GBX 122.62. The firm has a market cap of £94.17 million, a P/E ratio of -27.91, a PEG ratio of 3.73 and a beta of 0.79.

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.