Swire Pacific (OTCMKTS:SWRAY) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Swire Pacific Ltd. (OTCMKTS:SWRAY) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.77 and traded as high as $10.46. Swire Pacific shares last traded at $10.44, with a volume of 23,567 shares traded.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Swire Pacific from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock has an average rating of “Strong Buy”.

Swire Pacific Trading Up 0.6%

The firm has a 50-day simple moving average of $9.14 and a two-hundred day simple moving average of $8.77. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.02 and a quick ratio of 0.89.

Swire Pacific Company Profile

Swire Pacific Limited is a Hong Kong–based diversified conglomerate and the publicly listed Asian arm of the long-established Swire Group. The company operates across multiple business segments, with major activities in property development and investment, aviation-related interests, beverages and cold‑chain distribution, marine and trading & industrial services. Its property arm is responsible for large-scale commercial and mixed‑use developments and investment portfolios in Hong Kong, Mainland China and selected international markets.

In aviation, Swire Pacific is a long‑standing shareholder in one of the region’s principal carriers and supports aviation‑related operations and services.