Spirax Group PLC (OTCMKTS:SPXSY - Get Free Report) shot up 3% on Wednesday . The company traded as high as $42.52 and last traded at $42.52. 12,344 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 12,446 shares. The stock had previously closed at $41.30.
Analyst Ratings Changes
Separately, Hsbc Global Res downgraded Spirax Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 17th.
View Our Latest Stock Report on Spirax Group
Spirax Group Price Performance
The company has a quick ratio of 1.38, a current ratio of 1.85 and a debt-to-equity ratio of 0.58. The firm has a fifty day simple moving average of $40.72 and a two-hundred day simple moving average of $42.55.
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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