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Spirax-Sarco Engineering's (SPX) "Sell" Rating Reiterated at Shore Capital

Spirax-Sarco Engineering logo with Industrials background
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Spirax-Sarco Engineering (LON:SPX - Get Free Report)'s stock had its "sell" rating reissued by equities research analysts at Shore Capital in a research report issued to clients and investors on Tuesday,Digital Look reports.

Spirax-Sarco Engineering Trading Down 4.3 %

Shares of LON SPX traded down GBX 300 ($3.86) during midday trading on Tuesday, reaching GBX 6,725 ($86.58). The stock had a trading volume of 29,733,246 shares, compared to its average volume of 2,150,974. Spirax-Sarco Engineering has a twelve month low of GBX 6,350 ($81.76) and a twelve month high of £107.90 ($138.92). The company's 50 day moving average price is GBX 7,381.58 and its 200 day moving average price is GBX 7,187.14. The firm has a market cap of £4.95 billion, a price-to-earnings ratio of 25.79, a price-to-earnings-growth ratio of 2.20 and a beta of 0.68. The company has a debt-to-equity ratio of 98.85, a quick ratio of 1.73 and a current ratio of 2.25.

Spirax-Sarco Engineering (LON:SPX - Get Free Report) last released its quarterly earnings data on Tuesday, March 11th. The company reported GBX 286.30 ($3.69) earnings per share (EPS) for the quarter. Spirax-Sarco Engineering had a net margin of 11.57% and a return on equity of 16.58%. As a group, sell-side analysts expect that Spirax-Sarco Engineering will post 334.5410628 EPS for the current year.

About Spirax-Sarco Engineering

(Get Free Report)

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.

See Also

Analyst Recommendations for Spirax-Sarco Engineering (LON:SPX)

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