Spirax-Sarco Engineering plc (OTCMKTS:SPXSF - Get Free Report) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 62,700 shares, a growth of 21.3% from the February 13th total of 51,700 shares. Currently, 0.1% of the company's shares are sold short. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 627.0 days.
Spirax-Sarco Engineering Stock Performance
OTCMKTS SPXSF remained flat at $87.20 during trading on Friday. The company has a quick ratio of 1.61, a current ratio of 2.25 and a debt-to-equity ratio of 0.76. Spirax-Sarco Engineering has a fifty-two week low of $80.31 and a fifty-two week high of $138.80. The business's fifty day moving average is $91.78 and its 200 day moving average is $90.83.
About Spirax-Sarco Engineering
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Spirax Group PLC provides thermal energy and fluid technology solutions. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes; and peristaltic and niche pumps and associated fluid path technologies, including tubing, specialty filling systems, and products for single-use applications.
Further Reading
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