Swire Pacific (OTCMKTS:SWRAY) Reaches New 52-Week High - Here's What Happened

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 - Get Free Report)'s stock price hit a new 52-week high during trading on Friday . The company traded as high as $9.44 and last traded at $9.44, with a volume of 624 shares changing hands. The stock had previously closed at $9.23.

Swire Pacific Stock Up 1.9%

The company has a debt-to-equity ratio of 0.24, a current ratio of 1.06 and a quick ratio of 0.92. The stock's fifty day moving average is $8.69 and its 200 day moving average is $8.64.

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.