Spirax-Sarco Engineering (OTCMKTS:SPXSY) Stock Price Up 12.1%

Shares of Spirax-Sarco Engineering plc (OTCMKTS:SPXSYGet Rating) rose 12.1% during trading on Thursday . The company traded as high as $73.37 and last traded at $73.37. Approximately 262 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 1,592 shares. The stock had previously closed at $65.43.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reduced their price objective on Spirax-Sarco Engineering from £135 ($165.42) to £132 ($161.74) in a research report on Thursday, May 12th.

Spirax-Sarco Engineering Stock Down 4.1 %

The stock has a fifty day moving average price of $63.21 and a 200-day moving average price of $74.14.

Spirax-Sarco Engineering Company Profile

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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.

Further Reading

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