Swire Pacific (OTCMKTS:SWRAY) Share Price Passes Above 200-Day Moving Average – Here’s Why

Swire Pacific Limited (OTCMKTS:SWRAY)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $8.59 and traded as high as $8.88. Swire Pacific shares last traded at $8.88, with a volume of 13,297 shares.

Swire Pacific Price Performance

The stock has a fifty day simple moving average of $8.64 and a 200-day simple moving average of $8.59. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.81 and a current ratio of 0.94.

Swire Pacific Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, April 10th will be paid 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.