Shares of Swire Pacific Ltd. (OTCMKTS:SWRAY – Get Free Report) reached a new 52-week high on Thursday. The stock traded as high as $14.29 and last traded at $14.29, with a volume of 3,188 shares traded. The stock had previously closed at $14.1450.
Analyst Upgrades and Downgrades
Separately, Zacks Research downgraded Swire Pacific from a “strong-buy” rating to a “hold” rating in a report on Monday, November 2nd. One analyst has rated the stock with a Hold rating. According to data from MarketBeat, Swire Pacific presently has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on SWRAY
Swire Pacific Price Performance
The stock’s 50-day moving average is $13.30 and its 200 day moving average is $11.64.
Swire Pacific Company Profile
Swire Pacific is a Hong Kong-based conglomerate with businesses spanning property, aviation, beverages, marine services, and trading and industrial activities. Its roots trace to the Swire group, which began trading in China in the 19th century.
Its property business develops, owns, and manages commercial and residential real estate, with a significant presence in Hong Kong and mainland China. Through Swire Coca-Cola, the company produces and distributes beverages in a range of Asian markets, while its aviation interests include investments in airlines and aircraft engineering and maintenance services.
Swire Pacific also operates businesses in marine services and in areas such as food, healthcare, and equipment.
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