Spirax Group PLC (OTCMKTS:SPXSY – Get Free Report) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 19,683 shares, an increase of 229.9% from the August 31st total of 5,966 shares. Based on an average trading volume of 26,769 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are short sold.
Spirax Group Trading Up 1.2%
Shares of OTCMKTS SPXSY opened at $47.68 on Friday. The business’s 50 day moving average price is $48.09 and its 200 day moving average price is $47.35. Spirax Group has a 52 week low of $42.56 and a 52 week high of $54.08. The company has a current ratio of 1.85, a quick ratio of 1.41 and a debt-to-equity ratio of 0.57.
Spirax Group Company Profile
Spirax Group is a United Kingdom-based industrial engineering company that provides thermal energy and fluid technology solutions to industrial and commercial customers. The group helps organizations manage steam, heat, and other industrial processes with equipment and services designed to improve efficiency, reliability, safety, and sustainability.
Its Steam Thermal Solutions business operates through brands including Spirax Sarco and Gestra, offering steam system products such as control valves, heat exchangers, pumps, boilers, condensate recovery equipment, and process controls.
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