Xeros Technology Group (LON:XSG) Shares Cross Above Fifty Day Moving Average of $1.29

Xeros Technology Group PLC (LON:XSG) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.29 and traded as high as $1.57. Xeros Technology Group shares last traded at $1.36, with a volume of 1,933,277 shares changing hands.

Separately, FinnCap reiterated a “corporate” rating on shares of Xeros Technology Group in a research report on Thursday, July 16th.

The company has a market capitalization of $28.57 million and a PE ratio of -0.22. The company has a current ratio of 3.20, a quick ratio of 2.80 and a debt-to-equity ratio of 13.00. The stock has a fifty day moving average of GBX 1.29 and a two-hundred day moving average of GBX 1.06.

In other news, insider Mark Nichols acquired 3,200,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average cost of GBX 1 ($0.01) per share, with a total value of £32,000 ($39,379.77).

About Xeros Technology Group (LON:XSG)

Xeros Technology Group plc, together with its subsidiaries, develops and commercializes polymer based cleaning equipment, consumables, and services in Europe and North America. The company also engages in the research, development, and commercialization of polymer technology alternatives to traditional aqueous based technologies.

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