Swire Pacific Ltd. (OTCMKTS:SWRAY – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $10.13 and traded as high as $10.43. Swire Pacific shares last traded at $10.4050, with a volume of 31,661 shares trading hands.
Wall Street Analyst Weigh In
Separately, Zacks Research downgraded shares of Swire Pacific from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.
Read Our Latest Stock Report on SWRAY
Swire Pacific Stock Up 0.5%
About Swire Pacific
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.
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