Spirax-Sarco Engineering plc (OTCMKTS:SPXSF - Get Free Report) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 46,000 shares, a decline of 47.9% from the May 15th total of 88,300 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 230.0 days. Currently, 0.1% of the shares of the stock are sold short.
Spirax-Sarco Engineering Stock Performance
Shares of SPXSF remained flat at $77.23 during trading hours on Wednesday. The company has a current ratio of 2.25, a quick ratio of 1.61 and a debt-to-equity ratio of 0.76. The stock has a 50-day moving average of $77.33 and a 200-day moving average of $84.73. Spirax-Sarco Engineering has a 1 year low of $69.19 and a 1 year high of $112.15.
Spirax-Sarco Engineering Company Profile
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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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