Swire Pacific (SWRAY) to Release Earnings on Thursday

Swire Pacific (OTCMKTS:SWRAY) is expected to be posting its resultson Thursday, March 12th. Analysts expect Swire Pacific to post earnings of $0.4184 per share and revenue of $5.6317 billion for the quarter.

Swire Pacific Stock Down 1.0%

Shares of OTCMKTS SWRAY opened at $10.32 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.02. Swire Pacific has a 12 month low of $7.77 and a 12 month high of $10.75. The company has a 50 day simple moving average of $9.55 and a two-hundred day simple moving average of $8.87.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of Swire Pacific from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Swire Pacific currently has a consensus rating of “Hold”.

About Swire Pacific

Swire Pacific Limited is a Hong Kong–based diversified conglomerate and the publicly listed Asian arm of the long-established Swire Group. The company operates across multiple business segments, with major activities in property development and investment, aviation-related interests, beverages and cold‑chain distribution, marine and trading & industrial services. Its property arm is responsible for large-scale commercial and mixed‑use developments and investment portfolios in Hong Kong, Mainland China and selected international markets.

In aviation, Swire Pacific is a long‑standing shareholder in one of the region’s principal carriers and supports aviation‑related operations and services.