Spirax-Sarco Engineering (OTCMKTS:SPXSF) Sets New 52-Week High at $171.04

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Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) shares reached a new 52-week high on Monday . The stock traded as high as $171.04 and last traded at $171.04, with a volume of 106 shares traded. The stock had previously closed at $165.20.

Separately, Zacks Investment Research lowered Spirax-Sarco Engineering from a “buy” rating to a “hold” rating in a report on Wednesday, March 17th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. Spirax-Sarco Engineering currently has a consensus rating of “Hold” and an average price target of $183.00.

The company has a quick ratio of 1.68, a current ratio of 2.25 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $12.60 billion, a price-to-earnings ratio of 48.88 and a beta of 0.78. The company’s 50-day simple moving average is $161.44 and its 200 day simple moving average is $154.05.

About Spirax-Sarco Engineering (OTCMKTS:SPXSF)

Spirax-Sarco Engineering Plc provides industrial and commercial steam systems, electrical thermal energy solutions and niche peristaltic pumps and associated fluid path technologies. It operates its business through the following segments: Steam Specialties, Electric Thermal Solutions and Watson-Marlow.

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