Spirax-Sarco Engineering (OTCMKTS:SPXSF) Shares Gap Down – Here’s What Happened

Shares of Spirax-Sarco Engineering plc (OTCMKTS:SPXSFGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $101.20, but opened at $95.24. Spirax-Sarco Engineering shares last traded at $95.24, with a volume of 100 shares traded.

Spirax-Sarco Engineering Price Performance

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 company’s 50 day moving average price is $97.56 and its 200 day moving average price is $95.03.

Spirax-Sarco Engineering Company Profile

(Get Free Report)

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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