Spirax-Sarco Engineering (OTCMKTS:SPXSF) Hits New 12-Month High – What’s Next?

Shares of Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $102.00 and last traded at $102.00, with a volume of 19211 shares. The stock had previously closed at $100.4250.

Spirax-Sarco Engineering Trading Up 1.6%

The company has a debt-to-equity ratio of 0.76, a current ratio of 2.25 and a quick ratio of 1.61. The firm’s 50-day moving average price is $92.05 and its 200 day moving average price is $92.68.

About Spirax-Sarco Engineering

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.