Xeros Technology Group (LON:XSG) Stock Price Down 4.8% – What’s Next?

Xeros Technology Group plc (LON:XSG) dropped 4.8% during mid-day trading on Tuesday . The stock traded as low as GBX 2.20 and last traded at GBX 2.29. Approximately 4,979,465 shares were traded during trading, an increase of 119% from the average daily volume of 2,271,614 shares. The stock had previously closed at GBX 2.40.

Xeros Technology Group Price Performance

The firm has a market capitalization of £11.98 million, a P/E ratio of -3.90 and a beta of 1.27. The company has a quick ratio of 3.05, a current ratio of 7.62 and a debt-to-equity ratio of 13.93. The business’s 50 day moving average is GBX 1.50 and its 200-day moving average is GBX 1.47.

Xeros Technology Group (LON:XSG) last issued its earnings results on Tuesday, September 30th. The company reported GBX (0.33) earnings per share for the quarter. Xeros Technology Group had a negative net margin of 1,549.43% and a negative return on equity of 125.23%. As a group, sell-side analysts predict that Xeros Technology Group plc will post -17.6399991 EPS for the current fiscal year.

Xeros Technology Group Company Profile

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.