Spirax-Sarco Engineering (OTCMKTS:SPXSY) Shares Down 5.1%

Spirax-Sarco Engineering plc (OTCMKTS:SPXSY) shares were down 5.1% during trading on Monday . The company traded as low as $56.20 and last traded at $57.20. Approximately 18,635 shares traded hands during mid-day trading, an increase of 1,700% from the average daily volume of 1,035 shares. The stock had previously closed at $60.27.

Spirax-Sarco Engineering Price Performance

The stock’s 50 day moving average is $65.04 and its 200 day moving average is $61.38.

Spirax-Sarco Engineering Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, June 10th. Stockholders of record on Friday, April 26th will be issued a dividend of $0.6678 per share. The ex-dividend date is Thursday, April 25th. This is an increase from Spirax-Sarco Engineering’s previous dividend of $0.26.

Spirax-Sarco Engineering Company Profile

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. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes; and peristaltic and niche pumps and associated fluid path technologies, including pumps, tubing, and specialty filling systems and products for single-use applications.