Spirax-Sarco Engineering (OTCMKTS:SPXSY) Reaches New 52-Week Low – Time to Sell?

Spirax-Sarco Engineering plc (OTCMKTS:SPXSY) shares hit a new 52-week low on Wednesday . The company traded as low as $40.81 and last traded at $41.21, with a volume of 14227 shares. The stock had previously closed at $42.62.

Analyst Ratings Changes

Separately, Barclays raised Spirax-Sarco Engineering from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 4th.

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 stock has a 50 day moving average of $44.01 and a two-hundred day moving average of $48.22.

Spirax-Sarco Engineering Company Profile

Spirax-Sarco Engineering plc provides engineered solutions it operates through three segments: Steam Thermal Solutions; Electric Thermal Solutions; and Watson-Marlow 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, and specialty filling systems and products for single-use applications.