Shares of Swire Pacific Ltd. (OTCMKTS:SWRAY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $13.32, but opened at $13.8099. Swire Pacific shares last traded at $13.8099, with a volume of 246 shares trading hands.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Swire Pacific from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat.com, Swire Pacific has a consensus rating of “Strong Buy”.
Read Our Latest Stock Analysis on Swire Pacific
Swire Pacific Price Performance
The stock has a 50-day moving average of $13.22 and a two-hundred day moving average of $11.90.
About Swire Pacific
Swire Pacific Limited is a Hong Kong-based diversified business group with operations spanning property, beverages and food, and aviation. The company is part of the wider Swire group, whose business roots date to the early 19th century, and has developed into a major operator and investor in Asia.
Through Swire Properties, the group develops, owns and manages commercial, retail, residential and hotel properties, with a significant presence in Hong Kong and growing operations in selected mainland Chinese cities and other Asian markets.
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