Swire Pacific (OTCMKTS:SWRAY) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Swire Pacific Limited (OTCMKTS:SWRAY) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $8.55 and traded as high as $9.07. Swire Pacific shares last traded at $9.00, with a volume of 18,541 shares.

Swire Pacific Stock Performance

The company has a 50-day moving average of $8.66 and a 200-day moving average of $8.55. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.94 and a quick ratio of 0.81.

Swire Pacific Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, April 10th will be paid a dividend of $0.2703 per share. The ex-dividend date of this dividend is Thursday, April 10th. This is a boost 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.