Xaar (LON:XAR) Announces Quarterly Earnings Results

Xaar (LON:XAR) released its quarterly earnings data on Tuesday. The company reported GBX 0.70 ($0.01) earnings per share 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 Stock Up 8.3 %

LON XAR traded up GBX 5 ($0.06) during trading hours on Tuesday, hitting GBX 65 ($0.84). The company’s stock had a trading volume of 556,622 shares, compared to its average volume of 85,452. The company has a market capitalization of £51.46 million, a PE ratio of -14.78, a price-to-earnings-growth ratio of 3.73 and a beta of 1.66. The company has a current ratio of 2.72, a quick ratio of 1.31 and a debt-to-equity ratio of 14.19. Xaar has a 52 week low of GBX 57.60 ($0.74) and a 52 week high of GBX 150.50 ($1.94). The company’s 50-day simple moving average is GBX 71.98 and its two-hundred day simple moving average is GBX 82.10.

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.