Swire Pacific (OTCMKTS:SWRAY) Sets New 1-Year High – Still a Buy?

Shares of Swire Pacific Ltd. (OTCMKTS:SWRAY) hit a new 52-week high on Thursday . The stock traded as high as $9.71 and last traded at $9.64, with a volume of 20578 shares trading hands. The stock had previously closed at $9.55.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Swire Pacific from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, Swire Pacific presently has an average rating of “Strong Buy”.

Swire Pacific Stock Up 1.1%

The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.02. The company’s 50 day moving average price is $8.58 and its 200-day moving average price is $8.64.

About Swire Pacific

Swire Pacific Limited is a Hong Kong–based diversified conglomerate and the publicly listed Asian arm of the long-established Swire Group. The company operates across multiple business segments, with major activities in property development and investment, aviation-related interests, beverages and cold‑chain distribution, marine and trading & industrial services. Its property arm is responsible for large-scale commercial and mixed‑use developments and investment portfolios in Hong Kong, Mainland China and selected international markets.

In aviation, Swire Pacific is a long‑standing shareholder in one of the region’s principal carriers and supports aviation‑related operations and services.