Xaar (LON:XAR) Announces Quarterly Earnings Results

Xaar (LON:XAR) posted its earnings results on Tuesday. The company reported GBX 0.70 ($0.01) 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 8.3 %

Xaar stock traded up GBX 5 ($0.06) during trading hours on Tuesday, hitting GBX 65 ($0.84). The stock had a trading volume of 556,622 shares, compared to its average volume of 85,452. The stock has a market cap of £51.46 million, a price-to-earnings ratio of -14.78, a P/E/G ratio of 3.73 and a beta of 1.66. 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 business’s 50 day simple moving average is GBX 71.98 and its 200-day simple moving average is GBX 82.10. Xaar has a one year low of GBX 57.60 ($0.74) and a one year high of GBX 150.50 ($1.94).

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.