Swire Pacific (OTCMKTS:SWRAY) Upgraded at Zacks Research

Zacks Research upgraded shares of Swire Pacific (OTCMKTS:SWRAY) from a hold rating to a strong-buy rating in a research note issued to investors on Wednesday,Zacks.com reports.

Swire Pacific Stock Down 0.6%

Shares of Swire Pacific stock opened at $9.20 on Wednesday. The business has a 50-day moving average price of $8.49 and a two-hundred day moving average price of $8.61. Swire Pacific has a 1-year low of $7.77 and a 1-year high of $9.65. The company has a current ratio of 1.02, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24.

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.