Spirax-Sarco Engineering (OTCMKTS:SPXSF) Shares Gap Up - Time to Buy?

Key Points

• Spirax-Sarco Engineering's stock price opened significantly higher at $97.72, up from a previous close of $94.00, reflecting a 4.0% increase.
• The company has a current ratio of 2.25 and a debt-to-equity ratio of 0.76, indicating a stable financial position.
• Spirax Group PLC specializes in thermal energy and fluid technology solutions, offering products for various industrial processes including steam systems and temperature management.

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF - Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $94.00, but opened at $97.72. Spirax-Sarco Engineering shares last traded at $97.72, with a volume of 100 shares traded.

Spirax-Sarco Engineering Stock Performance

The stock's fifty day moving average is $84.27 and its two-hundred day moving average is $83.68. The company has a current ratio of 2.25, a quick ratio of 1.61 and a debt-to-equity ratio of 0.76.

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.