Swire Pacific (OTCMKTS:SWRAY) Hits New 12-Month High – Time to Buy?

Shares of Swire Pacific Ltd. (OTCMKTS:SWRAY) hit a new 52-week high on Wednesday . The company traded as high as $9.88 and last traded at $9.8530, with a volume of 16744 shares. The stock had previously closed at $9.55.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Swire Pacific from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Swire Pacific Stock Performance

The company has a debt-to-equity ratio of 0.24, a current ratio of 1.02 and a quick ratio of 0.89. The company’s fifty day moving average is $8.66 and its two-hundred day moving average is $8.66.

About Swire Pacific

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.