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

Key Points

• Swire Pacific Ltd. shares reached a new 52-week high of $9.63 before closing at $9.34, with a trading volume of 28,361 shares.
• The company's property division focuses on developing and operating mixed-use properties including office, retail, and residential accommodations in various markets.
• Swire Pacific maintains a debt-to-equity ratio of 0.24, indicating a stable financial structure relative to its equity.

Shares of Swire Pacific Ltd. (OTCMKTS:SWRAY - Get Free Report) hit a new 52-week high on Thursday . The company traded as high as $9.63 and last traded at $9.34, with a volume of 28361 shares changing hands. The stock had previously closed at $9.42.

Swire Pacific Stock Down 0.5%

The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.92 and a current ratio of 1.06. The firm has a 50 day moving average of $8.75 and a two-hundred day moving average of $8.65.

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.