Spirax-Sarco Engineering plc (OTCMKTS:SPXSF – Get Free Report)’s share price dropped 5.8% during trading on Wednesday . The stock traded as low as $95.43 and last traded at $95.43. Approximately 141 shares changed hands during trading, a decline of 92% from the average daily volume of 1,872 shares. The stock had previously closed at $101.27.
Spirax-Sarco Engineering Stock Performance
The firm has a fifty day moving average of $92.90 and a 200 day moving average of $94.21. The company has a current ratio of 2.25, a quick ratio of 1.61 and a debt-to-equity ratio of 0.76.
Spirax-Sarco Engineering Company Profile
Spirax-Sarco Engineering plc is a global engineering group specializing in the design, manufacture and service of systems and solutions for managing steam and other industrial fluids. With a focus on improving process efficiency, energy conservation and sustainability, the company provides a comprehensive portfolio that spans steam traps, heat exchangers, condensate recovery units, pumps and associated control and monitoring equipment. These offerings are tailored to help customers optimize performance, reduce downtime and lower carbon emissions across a wide range of industries.
The company serves industrial and commercial markets including power generation, oil and gas, chemical processing, food and beverage, pharmaceuticals and HVAC systems.
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