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

by · The Cerbat Gem

Swire Pacific Ltd. (OTCMKTS:SWRAY – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.66 and traded as high as $8.70. Swire Pacific shares last traded at $8.67, with a volume of 40,535 shares traded.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of Swire Pacific from a “hold” rating to a “strong sell” rating in a research report on Monday, September 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Get Our Latest Stock Analysis on Swire Pacific

Swire Pacific Price Performance

The stock’s fifty day simple moving average is $8.48 and its 200-day simple moving average is $8.66. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.02 and a quick ratio of 0.89.

Swire Pacific Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, October 20th. Stockholders of record on Friday, September 12th were paid a dividend of $0.1463 per share. This represents a dividend yield of 462.0%. The ex-dividend date of this dividend was Thursday, September 11th.

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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