Swire Pacific Ltd. (OTCMKTS:SWRAY – Get Free Report)’s share price reached a new 52-week high during trading on Thursday. The stock traded as high as $14.29 and last traded at $14.29, with a volume of 3,188 shares. The stock had previously closed at $14.1450.
Wall Street Analyst Weigh In
Separately, Zacks Research cut Swire Pacific from a “strong-buy” rating to a “hold” rating in a report on Monday. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Swire Pacific currently has an average rating of “Hold”.
Check Out Our Latest Report on Swire Pacific
Swire Pacific Stock Performance
The business’s 50-day moving average is $13.27 and its two-hundred day moving average is $11.59.
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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