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Swire Pacific (OTCMKTS:SWRAY) Stock Passes Above 200-Day Moving Average - Here's Why

Swire Pacific logo with Multi-Sector Conglomerates background

Swire Pacific Limited (OTCMKTS:SWRAY - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.62 and traded as high as $8.97. Swire Pacific shares last traded at $8.92, with a volume of 25,217 shares trading hands.

Swire Pacific Stock Performance

The company's 50-day simple moving average is $8.60 and its two-hundred day simple moving average is $8.63. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.94 and a quick ratio of 0.81.

Swire Pacific Increases Dividend

The company also recently announced a dividend, which was paid on Monday, May 19th. Shareholders of record on Thursday, April 10th were paid a dividend of $0.2703 per share. This is a boost from Swire Pacific's previous dividend of $0.14. The ex-dividend date was Thursday, April 10th.

About Swire Pacific

(Get Free Report)

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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