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Xeros Technology ( (GB:XSG) ) just unveiled an announcement.
Xeros Technology Group plc announced that Non-executive Director David Armfield purchased 2,600,000 ordinary shares, increasing his total holding to 2,892,857 shares. This acquisition reflects a positive insider sentiment towards the company’s growth prospects and market position in the environmentally-conscious textile technology industry.
More about Xeros Technology
Xeros Technology plc is a company that has developed patented technologies aimed at reducing the environmental impact of clothing production and care. Their solutions address the significant consumption of water, energy, and chemicals in traditional laundry and garment manufacturing processes. Xeros licenses its technologies to generate revenue, with markets in Filtration, Finish, and Care valued at £350m, £132m, and £3bn annually, respectively.
YTD Price Performance: 113.33%
Average Trading Volume: 2,428,210
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.91M
See more insights into XSG stock on TipRanks’ Stock Analysis page.
