Spirax-Sarco Engineering (OTCMKTS:SPXSF) Stock Price Down 5.5% – Here’s Why

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF)’s stock price fell 5.5% during mid-day trading on Friday . The company traded as low as $91.20 and last traded at $91.20. 50 shares traded hands during trading, a decline of 94% from the average session volume of 825 shares. The stock had previously closed at $96.50.

Spirax-Sarco Engineering Stock Performance

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 has a 50-day moving average price of $90.04 and a 200 day moving average price of $91.40.

About Spirax-Sarco Engineering

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.