Xeros Technology Group (LON:XSG) Trading Up 5.7% – Should You Buy?

Xeros Technology Group plc (LON:XSG)’s share price shot up 5.7% during trading on Tuesday . The company traded as high as GBX 2 and last traded at GBX 1.85. 21,834,637 shares changed hands during trading, an increase of 768% from the average session volume of 2,516,484 shares. The stock had previously closed at GBX 1.75.

Xeros Technology Group Trading Down 3.7%

The stock has a 50-day moving average of GBX 1.83 and a 200 day moving average of GBX 1.59. The company has a quick ratio of 3.05, a current ratio of 7.62 and a debt-to-equity ratio of 13.93. The stock has a market cap of £17.02 million, a PE ratio of -3.35 and a beta of 1.27.

Xeros Technology Group (LON:XSG) last released its quarterly earnings data on Tuesday, September 30th. The company reported GBX (0.33) EPS for the quarter. Xeros Technology Group had a negative net margin of 1,549.43% and a negative return on equity of 125.23%. As a group, sell-side analysts anticipate that Xeros Technology Group plc will post -17.6399991 earnings per share for the current 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.