Spirax-Sarco Engineering (OTCMKTS:SPXSF) Stock Price Up 0.8% – Should You Buy?

Spirax-Sarco Engineering plc (OTCMKTS:SPXSFGet Free Report) traded up 0.8% during trading on Friday . The company traded as high as $92.50 and last traded at $92.50. 110 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 586 shares. The stock had previously closed at $91.80.

Spirax-Sarco Engineering Price Performance

The company’s 50-day moving average is $91.80 and its two-hundred day moving average is $90.48. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.61 and a current ratio of 2.25.

About Spirax-Sarco Engineering

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Spirax-Sarco Engineering plc is a global engineering group specializing in the design, manufacture and service of systems and solutions for managing steam and other industrial fluids. With a focus on improving process efficiency, energy conservation and sustainability, the company provides a comprehensive portfolio that spans steam traps, heat exchangers, condensate recovery units, pumps and associated control and monitoring equipment. These offerings are tailored to help customers optimize performance, reduce downtime and lower carbon emissions across a wide range of industries.

The company serves industrial and commercial markets including power generation, oil and gas, chemical processing, food and beverage, pharmaceuticals and HVAC systems.

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