Spirax Group PLC (OTCMKTS:SPXSY – Get Free Report) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,550 shares, an increase of 57.5% from the May 14th total of 984 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 13,693 shares, the days-to-cover ratio is presently 0.1 days.
Spirax Group Trading Up 1.2%
Shares of OTCMKTS SPXSY opened at $46.47 on Tuesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.85 and a quick ratio of 1.41. Spirax Group has a 52-week low of $38.99 and a 52-week high of $54.08. The business’s 50 day moving average is $48.07 and its two-hundred day moving average is $47.92.
Spirax Group Company Profile
Spirax Group is a UK-based engineering company specializing in steam and thermal energy solutions. Founded in 1888 and headquartered in Cheltenham, England, the group combines product design, system integration and aftermarket services to help industrial customers improve efficiency, safety and environmental performance.
The company’s core offerings include steam traps, control valves, heat exchangers, pumps, burners and packaged boiler house solutions. In addition to equipment supply, Spirax Group provides commissioning, maintenance, troubleshooting and training services that support continuous operation and energy management across complex steam and thermal systems.
Spirax Group operates through two principal business segments: Steam Specialties, which focuses on pressure and temperature control, and Electrical & Mechanical, which provides pumps, heat exchangers and associated services.
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