Spirax Group (OTCMKTS:SPXSY) Sets New 52-Week High – What’s Next?

Spirax Group PLC (OTCMKTS:SPXSY)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $51.26 and last traded at $51.26, with a volume of 183 shares changing hands. The stock had previously closed at $49.39.

Analysts Set New Price Targets

Separately, UBS Group upgraded Spirax Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Spirax Group Trading Up 2.6%

The company has a quick ratio of 1.31, a current ratio of 1.77 and a debt-to-equity ratio of 0.62. The stock has a 50 day moving average price of $47.03 and a 200-day moving average price of $46.46.

Spirax Group Company Profile

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.