Asia Pacific Wire & Cable (NASDAQ:APWC) Coverage Initiated at StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC) in a report issued on Wednesday. The firm set a “hold” rating on the stock.

Asia Pacific Wire & Cable Trading Down 5.1 %

Shares of NASDAQ APWC opened at $1.30 on Wednesday. The business has a 50 day simple moving average of $1.35 and a 200 day simple moving average of $1.34. Asia Pacific Wire & Cable has a 52 week low of $1.20 and a 52 week high of $2.36. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.16 and a quick ratio of 1.12.

Asia Pacific Wire & Cable Company Profile

Asia Pacific Wire & Cable Corporation Limited, through its subsidiaries, manufactures and distributes enameled wire, power cable, and telecommunications products in Thailand, Singapore, Australia, the People's Republic of China, Hong Kong, and other markets in the Asia Pacific region. The company offers copper rods; and telecommunications cable products, including copper-based and fiber optic cables for telephone and data transmissions; and armored and unarmored low voltage power transmission cable, which is used to transmit electricity to and within commercial and residential buildings, as well as to outdoor installations, such as streetlights, traffic signals, and other signs.