Spirax Group PLC (OTCMKTS:SPXSY - Get Free Report)'s share price gapped down before the market opened on Tuesday . The stock had previously closed at $41.66, but opened at $40.06. Spirax Group shares last traded at $40.94, with a volume of 2,177 shares changing hands.
Wall Street Analyst Weigh In
Separately, Hsbc Global Res lowered Spirax Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 17th.
View Our Latest Research Report on Spirax Group
Spirax Group Trading Down 1.6%
The firm has a fifty day simple moving average of $40.20 and a 200-day simple moving average of $42.73. The company has a current ratio of 1.85, a quick ratio of 1.38 and a debt-to-equity ratio of 0.58.
About Spirax Group
(
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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.
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