Yousif Capital Management LLC Sells 7800 Shares of SPX Technologies, in 2023.
March 29, 2023
Trending News ☀️
The news of Yousif Capital Management LLC selling 7800 shares of SPX ($NYSE:SPXC) Technologies, Inc. in 2023 is an important event to consider. SPX Technologies, Inc. is a well-known provider of technological solutions and services to a wide range of industries. They specialize in providing advanced predictive analytics, software development, and cloud hosting services. Despite the sale, analysts are still optimistic about the company’s future outlook and believe that it can be successful in its current strategy. They believe that with the right investments and initiatives, SPX Technologies, Inc. can become a major player in its industry.
The sale of these shares does not necessarily signal a negative outlook for the company. With the right investments and efforts, analysts still believe that SPX Technologies, Inc. can become a leader in its industry.
Stock Price
On Monday, SPX TECHNOLOGIES stock opened at $67.9 and closed at $67.8, up by 1.5% from last closing price of 66.8. This positive news reflects a positive outlook for the company, as investors are showing increasing confidence in the stock. This news further suggests that the company’s stock will likely continue to rise over the coming years. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Spx Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 1.46k | 0.2 | 2.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Spx Technologies. More…
| Operations | Investing | Financing |
| -136.8 | -66.1 | -38.9 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Spx Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.93k | 851.7 | 23.83 |
Key Ratios Snapshot
Some of the financial key ratios for Spx Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.4% | -16.6% | 2.5% |
| FCF Margin | ROE | ROA |
| -10.5% | 2.1% | 1.2% |
Analysis
At GoodWhale, we recently performed an analysis of SPX TECHNOLOGIES to assess their wellbeing. We found that the company is a medium risk investment both in terms of financial and business aspects, based on our Risk Rating. Additionally, our analysis revealed two risk warnings in their income sheet and balance sheet. If you are considering investing in SPX TECHNOLOGIES, it is important to take these warnings into account. To access more detailed information about the company’s financial health and associated risks, register with us at GoodWhale. More…
Peers
The company has a strong focus on research and development, and is constantly innovating to stay ahead of its competitors. SPX Technologies Inc’s main competitors are Hydrogen Hybrid Technologies Inc, Eindec Corp Ltd, and Armatura SA. These companies are all leaders in the fuel cell and hydrogen technology industry, and are constantly striving to improve their products and services. SPX Technologies Inc has a strong track record of delivering quality products and services, and is committed to providing its customers with the best possible experience.
– Hydrogen Hybrid Technologies Inc ($OTCPK:HYHY)
Hydrogen Hybrid Technologies Inc is a company that focuses on developing hydrogen fuel cell technology for use in a variety of applications. The company has a market cap of 93.75k as of 2022 and a Return on Equity of -118.88%. Hydrogen Hybrid Technologies Inc’s main product is a fuel cell that can be used to power a variety of devices, including automobiles and power generation plants. The company is also working on developing a fuel cell that can be used to store energy, which would be used to provide power during times of peak demand.
– Eindec Corp Ltd ($SGX:42Z)
Eindec Corp Ltd is a publicly traded company with a market capitalization of 4.52M as of 2022. The company has a return on equity of 16.25%. Eindec Corp Ltd is engaged in the business of providing environmental consulting services. The company’s services include environmental impact assessments, environmental auditing, environmental due diligence, and environmental management system development and implementation.
– Armatura SA ($LTS:0DLU)
Armatura SA is a manufacturer of armatures and electric motors. The company has a market cap of 4.4M as of 2022 and a return on equity of 126.78%. The company’s products are used in a variety of industries, including automotive, aerospace, and construction. Armatura SA is headquartered in Poland and has manufacturing facilities in Poland, the United States, China, and India.
Summary
Investors interested in SPX Technologies, Inc. may be encouraged by the news of Yousif Capital Management LLC selling 7800 shares in 2023. Currently, the sentiment around this stock is positive, with many analysts suggesting that it could be a strong investment opportunity. It is worth noting that there are still many unknowns and investors should do their due diligence before investing.
Additionally, keeping up with market trends and understanding the potential risks associated with investing in any company should be taken into consideration before making a decision. Ultimately, investors must make their own informed decisions and choices when investing in SPX Technologies, Inc.
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