Swire Pacific (OTCMKTS:SWRAY) Hits New 52-Week High – Here’s Why

Shares of Swire Pacific Ltd. (OTCMKTS:SWRAY) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $9.65 and last traded at $9.24, with a volume of 4233 shares changing hands. The stock had previously closed at $9.2550.

Analyst Ratings Changes

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

Swire Pacific Stock Performance

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 firm has a fifty day moving average of $8.49 and a 200 day moving average of $8.61.

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.