Xaar plc (LON:XAR – Get Free Report) shares traded up 10.6% during trading on Monday following insider buying activity. The company traded as high as GBX 115.12 ($1.49) and last traded at GBX 104 ($1.34). 2,788,393 shares changed hands during trading, an increase of 1,387% from the average session volume of 187,455 shares. The stock had previously closed at GBX 94 ($1.22).
Specifically, insider Jacqueline Sutton purchased 5,000 shares of the company’s stock in a transaction dated Monday, March 31st. The shares were acquired at an average price of GBX 105 ($1.36) per share, for a total transaction of £5,250 ($6,787.33). Also, insider Paul James acquired 14,841 shares of Xaar stock in a transaction dated Tuesday, March 25th. The stock was bought at an average price of GBX 67 ($0.87) per share, with a total value of £9,943.47 ($12,855.16).
Xaar Stock Down 12.1 %
The company has a 50-day moving average of GBX 72.68 and a two-hundred day moving average of GBX 81.07. The company has a debt-to-equity ratio of 14.19, a current ratio of 2.72 and a quick ratio of 1.31. The company has a market capitalization of £72.36 million, a PE ratio of -20.79, a P/E/G ratio of 3.73 and a beta of 1.66.
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.
Recommended Stories
- Five stocks we like better than Xaar
- 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
- D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy
- What Does Downgrade Mean in Investing?
- Amazon Falls Back to a Key Support Line: Here’s How to Play It
- The Risks of Owning Bonds
- Buffett Trims Equities, But Still Keeps Buying This Stock
Receive News & Ratings for Xaar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xaar and related companies with MarketBeat.com's FREE daily email newsletter.