Posted by admin on Jul 24th, 2022
Spirax-Sarco Engineering plc (OTCMKTS:SPXSF – Get Rating)’s stock price shot up 3.9% during trading on Friday . The stock traded as high as $137.90 and last traded at $136.90. 25 shares were traded during mid-day trading, a decline of 88% from the average session volume of 211 shares. The stock had previously closed at $131.70.
Separately, UBS Group cut their price target on Spirax-Sarco Engineering from £161 ($192.47) to £111.10 ($132.82) in a report on Wednesday, May 11th.
The company has a debt-to-equity ratio of 0.29, a current ratio of 2.11 and a quick ratio of 1.58. The firm has a 50-day moving average of $124.98 and a two-hundred day moving average of $150.94.
Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. It offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating and curing, cleaning and sterilizing, hot water generation, space heating, and humidification; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes, heaters, and systems; and peristaltic and niche pumps and associated fluid path technologies, including pumps, tubing, and specialty filling systems and products for single-use applications.
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