David Armfield Acquires 1,600,000 Shares of Xeros Technology Group plc (LON:XSG) Stock

Xeros Technology Group plc (LON:XSG) insider David Armfield bought 1,600,000 shares of Xeros Technology Group stock in a transaction on Tuesday, February 11th. The shares were acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £16,000 ($19,772.61).

Xeros Technology Group Stock Up 23.8 %

Shares of LON XSG traded up GBX 0.19 ($0.00) during mid-day trading on Tuesday, hitting GBX 0.99 ($0.01). The company had a trading volume of 21,120,754 shares, compared to its average volume of 4,260,889. The company has a debt-to-equity ratio of 13.93, a current ratio of 7.62 and a quick ratio of 3.05. The company has a market capitalization of £5.15 million, a PE ratio of -49.50 and a beta of 1.27. The business’s 50-day simple moving average is GBX 0.46 and its 200 day simple moving average is GBX 0.67. Xeros Technology Group plc has a 1-year low of GBX 0.33 ($0.00) and a 1-year high of GBX 4 ($0.05).

About Xeros Technology Group

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.