Spirax Group (OTCMKTS:SPXSY) Sees Unusually-High Trading Volume – Should You Buy?

Spirax Group PLC (OTCMKTS:SPXSY) shares saw unusually-high trading volume on Tuesday . Approximately 2,001 shares changed hands during mid-day trading, an increase of 4% from the previous session’s volume of 1,929 shares.The stock last traded at $47.00 and had previously closed at $47.91.

Analyst Upgrades and Downgrades

Separately, UBS Group raised shares of Spirax Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy”.

Spirax Group Stock Performance

The stock has a 50 day moving average of $45.71 and a two-hundred day moving average of $45.57. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.77 and a quick ratio of 1.31.

About Spirax Group

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.