Swire Pacific (OTCMKTS:SWRAY) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Swire Pacific Ltd. (OTCMKTS:SWRAY)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.72 and traded as high as $11.54. Swire Pacific shares last traded at $11.30, with a volume of 9,960 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of Swire Pacific from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 4th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Swire Pacific Stock Down 0.4%

The firm’s fifty day simple moving average is $11.03 and its 200 day simple moving average is $9.72. The company has a current ratio of 0.98, a quick ratio of 0.84 and a debt-to-equity ratio of 0.23.

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.