Xeros Technology Group plc (LON:XSG – Get Free Report)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1.60 and traded as low as GBX 1.45. Xeros Technology Group shares last traded at GBX 1.45, with a volume of 416,910 shares changing hands.
Xeros Technology Group Stock Performance
The company has a 50 day moving average price of GBX 1.60 and a 200-day moving average price of GBX 1.50. The company has a quick ratio of 3.05, a current ratio of 6.56 and a debt-to-equity ratio of 8.15. The company has a market cap of £12.50 million, a P/E ratio of -2.34 and a beta of 2.36.
Xeros Technology Group (LON:XSG – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported GBX (0.62) earnings per share for the quarter. The firm had revenue of GBX 24 million for the quarter. Xeros Technology Group had a negative return on equity of 101.58% and a negative net margin of 1,411.16%. Equities analysts expect that Xeros Technology Group plc will post -17.6399991 EPS for the current fiscal year.
About Xeros Technology Group
Xeros Technology plc has developed patented and proven, industry-leading technologies which reduce the environmental impact of how industries make and care for clothes.
The traditional wet processing methods used in industrial and domestic laundry and garment manufacturing consume billions of litres of fresh water and large amounts of energy and chemicals, as well as damaging and weakening clothing fibres and creating rising levels of environmental pollution. It is estimated that washing machines contribute 35% of the 171 trillion microplastic particles in the ocean.
A range of actors, including consumers, the media NGOs and regulators are exerting pressure on these industries, with legislative action beginning to be taken.
Xeros’ three main technologies, Microfibre Pollution Filter, Laundry Care, and Garment Finishing, facilitate garment manufacturers, industrial laundries, domestic washing machine manufacturers and consumers, to reduce their environmental impact, whilst also significantly improving efficiency in the process.
Xeros’ model is to generate revenue from licensing its technologies, generating royalties and the sale of consumables.
See Also
- Five stocks we like better than Xeros Technology Group
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Receive News & Ratings for Xeros Technology Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xeros Technology Group and related companies with MarketBeat.com's FREE daily email newsletter.
