Xeros Technology Group (LON:XSG) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of Xeros Technology Group plc (LON:XSG) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1.49 ($0.02) and traded as high as GBX 1.95 ($0.03). Xeros Technology Group shares last traded at GBX 1.90 ($0.03), with a volume of 1,196,694 shares trading hands.

Xeros Technology Group Stock Up 2.7%

The business has a fifty day simple moving average of GBX 1.49 and a two-hundred day simple moving average of GBX 1.04. The company has a current ratio of 7.62, a quick ratio of 3.05 and a debt-to-equity ratio of 13.93. The company has a market cap of £8.99 million, a PE ratio of -1.32 and a beta of 1.27.

Xeros Technology Group (LON:XSG) last announced its quarterly earnings data on Tuesday, May 20th. The company reported GBX (1.08) (($0.01)) earnings per share 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, equities research analysts predict 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.