Xaar (LON:XAR) Stock Price Crosses Below 200-Day Moving Average of $73.33

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Xaar plc (LON:XAR)’s share 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 reissued a “hold” rating on shares of Xaar in a research report on Thursday, September 26th.

The stock’s 50-day moving average is GBX 52.31 and its 200-day moving average is GBX 72.36. The company has a current ratio of 5.16, a quick ratio of 3.23 and a debt-to-equity ratio of 3.44. The stock has a market cap of $48.03 million and a price-to-earnings ratio of -0.78.

About Xaar (LON:XAR)

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.

Further Reading: Accumulation/Distribution

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