Shares of Swire Pacific Ltd. (OTCMKTS:SWRAY – Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at $14.4950, but opened at $13.85. Swire Pacific shares last traded at $13.85, with a volume of 436 shares.
Wall Street Analyst Weigh In
Separately, Zacks Research downgraded Swire Pacific from a “strong-buy” rating to a “hold” rating in a report on Monday, November 2nd. One research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company has an average rating of “Hold”.
View Our Latest Analysis on Swire Pacific
Swire Pacific Price Performance
The business’s 50-day simple moving average is $13.38 and its 200 day simple moving average is $11.73.
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.
Featured Stories
- Five stocks we like better than Swire Pacific
- Firefly Aerospace Lights Up a High-Risk Space Opportunity
- Is Buying the NVIDIA Dip a Mistake? 3 Value Stocks Offer a Different Path Forward
- Costco’s Record $30 Dividend Shows Just How Strong Its Cash Machine Is
- Heavy Lifting: Can USA Rare Earth Turn Its First Sales Into Big Profits?
Receive News & Ratings for Swire Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swire Pacific and related companies with MarketBeat.com's FREE daily email newsletter.
