Swire Pacific (OTCMKTS:SWRAY) Stock Price Passes Above 200 Day Moving Average – Should You Sell?
by Scott Moore · The Cerbat GemSwire Pacific Ltd. (OTCMKTS:SWRAY – Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $9.52 and traded as high as $11.29. Swire Pacific shares last traded at $10.94, with a volume of 13,601 shares traded.
Analyst Ratings Changes
Separately, Zacks Research lowered Swire Pacific from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 4th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Swire Pacific presently has a consensus rating of “Hold”.
View Our Latest Stock Analysis on SWRAY
Swire Pacific Stock Performance
The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.84 and a current ratio of 0.98. The company has a 50-day moving average of $10.87 and a two-hundred day moving average of $9.53.
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.