Spirax-Sarco Engineering (OTCMKTS:SPXSF) Shares Gap Up - What's Next?

Key Points

• Spirax-Sarco Engineering's shares experienced a significant price jump, gapping from a previous close of $82.30 to an opening price of $91.95.
• The company has a debt-to-equity ratio of 0.76, indicating financial stability, along with a current ratio of 2.25, which suggests strong liquidity.
• Spirax Group specializes in thermal energy and fluid technology solutions, offering a variety of products tailored for industrial and commercial applications.

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF - ) gapped up prior to trading on Tuesday . The stock had previously closed at $82.30, but opened at $91.95. Spirax-Sarco Engineering shares last traded at $91.95, with a volume of 2,999 shares.

Spirax-Sarco Engineering Stock Performance

The firm has a 50-day simple moving average of $80.97 and a two-hundred day simple moving average of $83.68. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.61 and a current ratio of 2.25.

Spirax-Sarco Engineering Company Profile

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.

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