Rotork (OTCMKTS:RTOXY) Stock Jumps 1.6% – Here’s Why

Rotork plc (OTCMKTS:RTOXY)’s stock price rose 1.6% during trading on Tuesday. The stock traded as high as $17.62 and last traded at $17.35. Approximately 300 shares were traded during mid-day trading, a decline of 58% from the average session volume of 712 shares. The stock had previously closed at $17.08.

Rotork Trading Up 1.6%

The company has a market cap of $3.79 billion, a PE ratio of 26.29 and a beta of 0.42. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.29 and a current ratio of 2.90. The company has a 50 day simple moving average of $17.35 and a two-hundred day simple moving average of $17.35.

About Rotork

Rotork plc is a United Kingdom-based industrial engineering company that designs and manufactures flow-control equipment. Its products are used to operate, regulate and monitor valves and other devices in industrial processes, helping customers control the movement of liquids, gases and other materials.

The company’s product portfolio includes electric, pneumatic and hydraulic valve actuators, gearboxes, control systems, instrumentation and related services. Rotork also provides digital and networked solutions designed to support asset monitoring, process automation and predictive maintenance.

Rotork serves customers in industries including oil and gas, water and wastewater, power generation, chemical processing, mining, marine and heating, ventilation and air-conditioning.