Swire Pacific (OTCMKTS:SWRAY) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Swire Pacific Ltd. (OTCMKTS:SWRAY) stock has surpassed its 200-day moving average, trading as high as $9.44, with a last trading price of $9.28.
• The company's financial ratios indicate a quick ratio of 0.92 and a debt-to-equity ratio of 0.24.
• Swire Pacific operates in various sectors, including property, aviation, beverages, and marine, with investments across Hong Kong, Mainland China, and internationally.

Swire Pacific Ltd. (OTCMKTS:SWRAY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $8.64 and traded as high as $9.44. Swire Pacific shares last traded at $9.28, with a volume of 16,947 shares traded.

Swire Pacific Stock Performance

The stock's 50 day simple moving average is $8.69 and its 200 day simple moving average is $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.