Xaar plc (LON:XAR)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $105.20 and traded as high as $89.00. Xaar shares last traded at $87.80, with a volume of 9,998 shares trading hands.
Separately, Peel Hunt reissued a “hold” rating on shares of Xaar in a research note on Monday, July 8th.
The stock has a market cap of $68.68 million and a PE ratio of -5.40. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.30 and a quick ratio of 2.61. The business has a 50 day moving average price of GBX 90.72 and a two-hundred day moving average price of GBX 105.20.
Xaar plc develops digital inkjet technology in Europe, the Middle East, Africa, Asia, and the Americas. It operates in two segments, Product Sales, Commissions and Fees; and Royalties. The company designs and manufactures piezoelectric drop-on-demand industrial inkjet print heads, product decoration systems, industrial 3d printing systems, inks and fluids, and systems components.
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