Xaar (LON:XAR) Stock Crosses Above 200 Day Moving Average – Here’s Why

Xaar plc (LON:XAR)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 117.39 and traded as high as GBX 121.50. Xaar shares last traded at GBX 121.50, with a volume of 71,924 shares traded.

Xaar Trading Up 3.8%

The company has a debt-to-equity ratio of 14.19, a quick ratio of 1.31 and a current ratio of 2.72. The firm has a market capitalization of £95.85 million, a P/E ratio of -8.62, a price-to-earnings-growth ratio of 3.73 and a beta of 1.66. The firm has a 50-day moving average of GBX 107.80 and a 200-day moving average of GBX 117.36.

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.