Spirax Group PLC (OTCMKTS:SPXSY – Get Free Report) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 954 shares, a decline of 78.3% from the April 15th total of 4,406 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 19,480 shares, the short-interest ratio is currently 0.0 days.
Spirax Group Price Performance
SPXSY traded down $1.48 during trading on Wednesday, hitting $47.61. The company’s stock had a trading volume of 6,675 shares, compared to its average volume of 7,503. The firm’s 50 day moving average price is $48.24 and its 200-day moving average price is $47.86. 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 has a twelve month low of $38.00 and a twelve month high of $54.08.
About Spirax Group
Spirax Group is a UK-based engineering company specializing in steam and thermal energy solutions. Founded in 1888 and headquartered in Cheltenham, England, the group combines product design, system integration and aftermarket services to help industrial customers improve efficiency, safety and environmental performance.
The company’s core offerings include steam traps, control valves, heat exchangers, pumps, burners and packaged boiler house solutions. In addition to equipment supply, Spirax Group provides commissioning, maintenance, troubleshooting and training services that support continuous operation and energy management across complex steam and thermal systems.
Spirax Group operates through two principal business segments: Steam Specialties, which focuses on pressure and temperature control, and Electrical & Mechanical, which provides pumps, heat exchangers and associated services.
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