Swire Pacific (OTCMKTS:SWRAY) Hits New 1-Year High - Should You Buy?

Key Points

• Swire Pacific Ltd. shares reached a new 52-week high of $9.44 during trading on Friday, with a volume of 624 shares traded.
• The company's debt-to-equity ratio is 0.24, indicating a relatively low level of debt compared to its equity.
• Swire Pacific is involved in diverse sectors including property development, aviation, beverages, and trading across various regions including Hong Kong and the United States.
• The firm has a current ratio of 1.06, suggesting it has sufficient assets to cover short-term liabilities.

Swire Pacific Ltd. (OTCMKTS:SWRAY - ) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $9.44 and last traded at $9.44, with a volume of 624 shares traded. The stock had previously closed at $9.23.

Swire Pacific Trading Up 2.2%

The firm has a 50 day moving average of $8.67 and a two-hundred day moving average of $8.64. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.06 and a quick ratio of 0.92.

Swire Pacific Company Profile

Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, and other luxury residential accommodations; and trading portfolio consists of residential properties.

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