Spirax-Sarco Engineering (OTCMKTS:SPXSY) Shares Down 5.1%

Spirax-Sarco Engineering plc (OTCMKTS:SPXSY)’s share price traded down 5.1% during mid-day trading on Monday . The stock traded as low as $56.20 and last traded at $57.20. 18,635 shares were traded during mid-day trading, an increase of 1,700% from the average session volume of 1,035 shares. The stock had previously closed at $60.27.

Spirax-Sarco Engineering Stock Performance

The business’s 50 day simple moving average is $65.04 and its two-hundred day simple moving average is $61.38.

Spirax-Sarco Engineering Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, April 26th will be paid a dividend of $0.6678 per share. This is a positive change from Spirax-Sarco Engineering’s previous dividend of $0.26. The ex-dividend date of this dividend is Thursday, April 25th.

Spirax-Sarco Engineering Company Profile

Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. 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 pumps, tubing, and specialty filling systems and products for single-use applications.