Swire Pacific Ltd. (OTCMKTS:SWRAY – Get Free Report)’s stock price gapped down before the market opened 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 changing hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research lowered Swire Pacific from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 2nd. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the company has an average rating of “Hold”.
View Our Latest Stock Report on SWRAY
Swire Pacific Trading Down 0.3%
The stock’s fifty day moving average price is $13.38 and its 200 day moving average price is $11.73.
About Swire Pacific
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.
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