Spirax-Sarco Engineering (LON:SPX) Shares Pass Above 200-Day Moving Average - Here's What Happened

Spirax-Sarco Engineering plc (LON:SPX - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 7,240.96 ($92.63) and traded as high as GBX 7,460 ($95.43). Spirax-Sarco Engineering shares last traded at GBX 7,311.60 ($93.53), with a volume of 143,892 shares traded.

Spirax-Sarco Engineering Stock Down 0.6 %

The company has a current ratio of 2.25, a quick ratio of 1.73 and a debt-to-equity ratio of 98.85. The business's 50-day simple moving average is GBX 7,347.96 and its 200-day simple moving average is GBX 7,220.20. The company has a market capitalization of £5.24 billion, a PE ratio of 27.27, a price-to-earnings-growth ratio of 2.20 and a beta of 0.68.

About Spirax-Sarco Engineering

Spirax-Sarco Engineering rebrands as Spirax Group On 22 February 2024, Spirax-Sarco Engineering changed its name to Spirax Group which reflects the Company's evolution over many years to a larger and stronger Group of three aligned Businesses with differentiated and complementary capabilities. Our new name respects our history and where we have come from, with who we are today.