Swire Pacific (OTCMKTS:SWRAY) Sets New 52-Week High – Should You Buy?

Swire Pacific Ltd. (OTCMKTS:SWRAY)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $10.15 and last traded at $10.1130, with a volume of 13557 shares. The stock had previously closed at $10.11.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Swire Pacific from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, Swire Pacific presently has a consensus rating of “Strong Buy”.

Swire Pacific Stock Down 1.7%

The company has a quick ratio of 0.89, a current ratio of 1.02 and a debt-to-equity ratio of 0.24. The stock has a 50 day simple moving average of $8.84 and a 200-day simple moving average of $8.70.

Swire Pacific Company Profile

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.