The latest update is out from Xaar plc ( (GB:XAR) ).
Xaar plc, a company involved in digital inkjet technology, announced the granting of shares to its directors and persons discharging managerial responsibilities under its 2017 Long Term Incentive Plan. The awards, based on performance conditions including adjusted profit before tax, revenue, and total shareholder return, are part of a strategy to align management incentives with company performance over a three-year period, reflecting the company’s ongoing turnaround efforts.
Spark’s Take on GB:XAR Stock
According to Spark, TipRanks’ AI Analyst, GB:XAR is a Neutral.
Xaar plc’s stock score is primarily driven by strong technical indicators and a solid equity position, despite ongoing profitability challenges. The recent director share purchase further supports confidence in the company’s long-term prospects. However, the absence of profitability and a negative P/E ratio weigh negatively on the valuation.
To see Spark’s full report on GB:XAR stock, click here.
More about Xaar plc
Average Trading Volume: 178,677
Technical Sentiment Signal: Hold
Current Market Cap: £82.78M
Learn more about XAR stock on TipRanks’ Stock Analysis page.