Zacks Research upgraded shares of Swire Pacific (OTCMKTS:SWRAY – Free Report) from a strong sell rating to a hold rating in a research report report published on Thursday,Zacks.com reports.
Swire Pacific Price Performance
Shares of SWRAY opened at $8.57 on Thursday. Swire Pacific has a 12 month low of $7.77 and a 12 month high of $9.63. The company has a quick ratio of 0.89, a current ratio of 1.02 and a debt-to-equity ratio of 0.24. The stock’s 50-day moving average price is $8.48 and its two-hundred day moving average price is $8.65.
Swire Pacific Dividend Announcement
The company also recently declared a dividend, which was paid on Monday, October 20th. Shareholders of record on Friday, September 12th were issued a $0.1463 dividend. This represents a yield of 462.0%. The ex-dividend date of this dividend was Thursday, September 11th.
About Swire Pacific
Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, and other luxury residential accommodations; and trading portfolio consists of residential properties.
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