Spirax Group PLC (OTCMKTS:SPXSY - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 55,467 shares were traded during mid-day trading, an increase of 167% from the previous session's volume of 20,774 shares.The stock last traded at $48.01 and had previously closed at $46.18.
Wall Street Analyst Weigh In
Separately, Hsbc Global Res cut Spirax Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 17th.
Get Our Latest Report on SPXSY
Spirax Group Price Performance
The company has a debt-to-equity ratio of 0.58, a current ratio of 1.85 and a quick ratio of 1.38. The stock has a 50 day moving average price of $41.23 and a 200 day moving average price of $42.42.
Spirax Group Company Profile
(
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Spirax-Sarco Engineering plc provides engineered solutions it operates through three segments: Steam Thermal Solutions; Electric Thermal Solutions; and Watson-Marlow Fluid Technology Solutions. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes; and peristaltic and niche pumps and associated fluid path technologies, including tubing, and specialty filling systems and products for single-use applications.
Further Reading
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