SWIRE PAC LTD/S (OTCMKTS:SWRAY) Shares Pass Below 50-Day Moving Average of $12.24
SWIRE PAC LTD/S (OTCMKTS:SWRAY) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $12.24 and traded as low as $12.05. SWIRE PAC LTD/S shares last traded at $12.15, with a volume of 925 shares.
Separately, Zacks Investment Research cut shares of HEXO from a “hold” rating to a “sell” rating in a report on Wednesday, May 15th.
The company has a fifty day moving average price of $12.25.
Swire Pacific Limited engages in property, aviation, beverages, marine services, and trading and industrial businesses in Hong Kong, Asia, the United States, and internationally. Its Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, other luxury residential accommodations, and commercial mixed-use developments; and trading portfolio consists of residential properties.
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