Swire Pacific (OTCMKTS:SWRAY) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Swire Pacific Ltd. (OTCMKTS:SWRAY) recently traded above its 200-day moving average of $8.65, reaching a high of $9.00 before settling at $8.75.
• The company has a quick ratio of 0.92 and a debt-to-equity ratio of 0.24, indicating a relatively stable financial position.
• Swire Pacific engages in various sectors, including property, aviation, beverages, and marine, operating across Hong Kong, Mainland China, and internationally.

Swire Pacific Ltd. (OTCMKTS:SWRAY - ) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $8.65 and traded as high as $9.00. Swire Pacific shares last traded at $8.75, with a volume of 101,593 shares traded.

Swire Pacific Trading Down 2.8%

The company has a quick ratio of 0.92, a current ratio of 1.06 and a debt-to-equity ratio of 0.24. The firm's 50-day simple moving average is $8.79 and its 200-day simple moving average is $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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.