Swire Pacific (OTCMKTS:SWRAY) Stock Passes Above 200 Day Moving Average – Should You Sell?

Shares of Swire Pacific Limited (OTCMKTS:SWRAY) 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 traded.

Swire Pacific Trading Down 0.9%

The company has a debt-to-equity ratio of 0.20, a current ratio of 0.94 and a quick ratio of 0.81. The firm has a 50 day moving average of $8.63 and a two-hundred day moving average of $8.62.

Swire Pacific Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, April 10th will be issued a $0.2703 dividend. The ex-dividend date is Thursday, April 10th. This is a boost from Swire Pacific’s previous dividend of $0.14.

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.