Swire Pacific (OTCMKTS:SWRAY) Shares Gap Up – Still a Buy?

Swire Pacific Ltd. (OTCMKTS:SWRAY) gapped up prior to trading on Tuesday . The stock had previously closed at $12.7450, but opened at $13.60. Swire Pacific shares last traded at $13.55, with a volume of 1,235 shares trading hands.

Swire Pacific Trading Up 1.4%

The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.84 and a current ratio of 0.98. The stock’s fifty day simple moving average is $11.21 and its 200-day simple moving average is $10.86.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Swire Pacific stock. Great Lakes Advisors LLC purchased a new position in shares of Swire Pacific Ltd. (OTCMKTS:SWRAY) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,753 shares of the conglomerate’s stock, valued at approximately $490,000.

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.