Spirax Group PLC (OTCMKTS:SPXSY) Short Interest Up 58.4% in December

Spirax Group PLC (OTCMKTS:SPXSY) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 12,839 shares, a growth of 58.4% from the November 30th total of 8,107 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 9,731 shares, the short-interest ratio is currently 1.3 days. Based on an average daily volume of 9,731 shares, the short-interest ratio is currently 1.3 days. Approximately 0.0% of the company’s stock are short sold.

Spirax Group Trading Up 0.3%

SPXSY traded up $0.12 during midday trading on Friday, reaching $45.86. The company had a trading volume of 2,360 shares, compared to its average volume of 5,007. 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 business has a 50-day moving average price of $45.69 and a two-hundred day moving average price of $44.97. Spirax Group has a 12-month low of $34.93 and a 12-month high of $51.38.

Analysts Set New Price Targets

Separately, UBS Group upgraded Spirax Group from a “hold” rating to a “strong-buy” rating in a 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’s stock. Based on data from MarketBeat.com, Spirax Group presently has a consensus rating of “Buy”.

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.