Spirax-Sarco Engineering plc (OTCMKTS:SPXSF - Get Free Report) saw a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 46,000 shares, a drop of 47.9% from the May 15th total of 88,300 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 230.0 days. Currently, 0.1% of the company's shares are sold short.
Spirax-Sarco Engineering Stock Performance
Spirax-Sarco Engineering stock remained flat at $77.23 during midday trading on Friday. The company's 50 day moving average price is $77.13 and its 200-day moving average price is $84.83. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.25 and a quick ratio of 1.61. Spirax-Sarco Engineering has a 52-week low of $69.19 and a 52-week 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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