Xeros Technology Group (LON:XSG) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Xeros Technology Group plc (LON:XSG)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 1.18 ($0.02) and traded as high as GBX 1.50 ($0.02). Xeros Technology Group shares last traded at GBX 1.50 ($0.02), with a volume of 869,208 shares traded.

Xeros Technology Group Stock Down 5.5%

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 firm has a market capitalization of £6.71 million, a P/E ratio of -0.99 and a beta of 1.27. The stock’s 50-day simple moving average is GBX 1.18 and its 200-day simple moving average is GBX 0.80.

Xeros Technology Group Company Profile

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.