Spirax-Sarco Engineering (OTCMKTS:SPXSF) Stock Price Down 0.2% - Time to Sell?

Key Points

• Spirax-Sarco Engineering shares experienced a slight decline of 0.2% on Friday, closing at $82.95 after trading as low as $82.90.
• The company saw its trading volume increase by 131% compared to its average daily volume, with approximately 1,250 shares exchanged during mid-day trading.
• Spirax-Sarco Engineering specializes in thermal energy and fluid technology solutions, providing products for industrial and commercial applications including steam systems and temperature management solutions.

Shares of Spirax-Sarco Engineering plc (OTCMKTS:SPXSF - Get Free Report) dropped 0.2% during mid-day trading on Friday . The company traded as low as $82.90 and last traded at $82.95. Approximately 1,250 shares were traded during trading, an increase of 131% from the average daily volume of 540 shares. The stock had previously closed at $83.12.

Spirax-Sarco Engineering Price Performance

The stock has a 50 day moving average of $80.58 and a 200-day moving average of $83.74. The company has a current ratio of 2.25, a quick ratio of 1.61 and a debt-to-equity ratio of 0.76.

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.