Swire Pacific (OTCMKTS:SWRAY) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Swire Pacific Limited (OTCMKTS:SWRAY)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.62 and traded as high as $8.97. Swire Pacific shares last traded at $8.92, with a volume of 25,217 shares.

Swire Pacific Price Performance

The company has a quick ratio of 0.81, a current ratio of 0.94 and a debt-to-equity ratio of 0.20. The stock has a 50 day moving average price of $8.63 and a 200 day moving average price of $8.62.

Swire Pacific Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, May 19th. Shareholders of record on Thursday, April 10th will be given a $0.2703 dividend. The ex-dividend date is Thursday, April 10th. This is an increase from Swire Pacific’s previous dividend of $0.14.

About Swire Pacific

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.