Spirax-Sarco Engineering (OTCMKTS:SPXSF) Stock Rating Upgraded by Zacks Investment Research

Spirax-Sarco Engineering (OTCMKTS:SPXSFGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Wednesday, Zacks.com reports.

According to Zacks, “Spirax-Sarco Engineering plc is a multi-national engineering group. The company’s business segment consists of Spirax Sarco for steam specialties and Watson-Marlow for niche peristaltic pumps and associated fluid path technologies. Spirax-Sarco Engineering plc is headquartered in Cheltenham, the United Kingdom. “

Shares of SPXSF traded up $2.50 during mid-day trading on Wednesday, reaching $134.85. 100 shares of the company’s stock were exchanged, compared to its average volume of 171. The company has a current ratio of 2.11, a quick ratio of 1.58 and a debt-to-equity ratio of 0.29. The company has a 50-day simple moving average of $156.74 and a two-hundred day simple moving average of $183.41. Spirax-Sarco Engineering has a 52-week low of $132.35 and a 52-week high of $231.00.

About Spirax-Sarco Engineering (Get Rating)

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. It offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating and curing, cleaning and sterilizing, hot water generation, space heating, and humidification; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes, heaters, and systems; and peristaltic and niche pumps and associated fluid path technologies, including pumps, tubing, and specialty filling systems and products for single-use applications.

Featured Stories

Get a free copy of the Zacks research report on Spirax-Sarco Engineering (SPXSF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for Spirax-Sarco Engineering (OTCMKTS:SPXSF)

Receive News & Ratings for Spirax-Sarco Engineering Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirax-Sarco Engineering and related companies with MarketBeat.com's FREE daily email newsletter.