Xaar plc (LON:XAR)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $73.33 and traded as low as $61.06. Xaar shares last traded at $61.60, with a volume of 168,143 shares changing hands.
Separately, Peel Hunt reaffirmed a “hold” rating on shares of Xaar in a report on Thursday, September 26th.
The company has a quick ratio of 3.23, a current ratio of 5.16 and a debt-to-equity ratio of 3.44. The firm has a market cap of $48.50 million and a PE ratio of -0.78. The firm’s fifty day simple moving average is GBX 51.21 and its two-hundred day simple moving average is GBX 73.33.
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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