Swire Pacific (OTCMKTS:SWRAY) Upgraded to “Strong-Buy” at Zacks Research

Swire Pacific (OTCMKTS:SWRAY) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

Swire Pacific Price Performance

Swire Pacific stock opened at $9.26 on Wednesday. The stock has a fifty day moving average price of $8.47 and a two-hundred day moving average price of $8.60. Swire Pacific has a 52-week low of $7.77 and a 52-week high of $9.63. The company has a current ratio of 1.02, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24.

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.