Spirax-Sarco Engineering (LON:SPX) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Spirax-Sarco Engineering plc (LON:SPXGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 7,293.06 ($91.77) and traded as high as GBX 7,865 ($98.97). Spirax-Sarco Engineering shares last traded at GBX 7,600 ($95.63), with a volume of 123,766 shares changing hands.

Spirax-Sarco Engineering Stock Up 0.6 %

The company has a debt-to-equity ratio of 98.85, a current ratio of 2.25 and a quick ratio of 1.73. The business has a fifty day simple moving average of GBX 7,286.66 and a 200 day simple moving average of GBX 7,293.06. The firm has a market cap of £5.63 billion, a price-to-earnings ratio of 29.32, a PEG ratio of 2.20 and a beta of 0.68.

Spirax-Sarco Engineering Company Profile

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Spirax-Sarco Engineering rebrands as Spirax Group

On 22 February 2024, Spirax-Sarco Engineering changed its name to Spirax Group which reflects the Company’s evolution over many years to a larger and stronger Group of three aligned Businesses with differentiated and complementary capabilities.

Our new name respects our history and where we have come from, with who we are today.

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