Swire Pacific (OTCMKTS:SWRAY) Shares Gap Up After Analyst Upgrade

Shares of Swire Pacific Ltd. (OTCMKTS:SWRAY) gapped up prior to trading on Thursday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock had previously closed at $8.5850, but opened at $9.25. Swire Pacific shares last traded at $9.25, with a volume of 703 shares trading hands.

Swire Pacific Stock Down 0.6%

The stock has a fifty day simple moving average of $8.49 and a 200-day simple moving average of $8.61. 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.