Spirax-Sarco Engineering (OTCMKTS:SPXSY) Reaches New 1-Year Low – Time to Sell?

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

Wall Street Analyst Weigh In

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

Spirax-Sarco Engineering Price 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 fifty day moving average price of $44.13 and a 200 day moving average price of $48.43.

About Spirax-Sarco Engineering

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.