Spirax-Sarco Engineering (OTCMKTS:SPXSF) Sees Unusually-High Trading Volume - What's Next?

Key Points

• Spirax-Sarco Engineering experienced a notable increase in trading volume, with 1,000 shares traded on Wednesday, marking a 25% rise from the previous day's volume.
• The stock's last trading price was $95.00, up from a previous close of $91.90, while its 50-day and 200-day moving averages stand at $81.24 and $83.73 respectively.
• Spirax Group PLC specializes in thermal energy and fluid technology solutions, offering a range of products for industrial uses, including steam systems and process heating technologies.

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF - Get Free Report) shares saw strong trading volume on Wednesday . 1,000 shares changed hands during trading, an increase of 25% from the previous session's volume of 799 shares.The stock last traded at $95.00 and had previously closed at $91.90.

Spirax-Sarco Engineering Price Performance

The company has a debt-to-equity ratio of 0.76, a current ratio of 2.25 and a quick ratio of 1.61. The business has a fifty day moving average of $82.61 and a 200-day moving average of $83.70.

About Spirax-Sarco Engineering

Spirax Group PLC provides thermal energy and 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, specialty filling systems, and products for single-use applications.