Xaar (LON:XAR) Receives “Under Review” Rating from Peel Hunt

Peel Hunt reissued their under review rating on shares of Xaar (LON:XAR) in a report published on Thursday, Stock Target Advisor reports.

LON XAR traded up GBX 1.30 ($0.02) during trading hours on Thursday, hitting GBX 47.30 ($0.62). The company had a trading volume of 141,355 shares, compared to its average volume of 48,106. Xaar has a fifty-two week low of GBX 39 ($0.51) and a fifty-two week high of GBX 161.80 ($2.13). The company has a market capitalization of $37.05 million and a price-to-earnings ratio of -0.60. The company has a debt-to-equity ratio of 3.44, a current ratio of 5.16 and a quick ratio of 3.23. The firm’s 50 day moving average is GBX 56.49 and its 200 day moving average is GBX 66.39.

Xaar Company Profile

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.

Read More: The limitations of an equal weight rating

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