Asia Pacific Wire & Cable (NASDAQ:APWC) Releases Earnings Results

Asia Pacific Wire & Cable (NASDAQ:APWC) issued its quarterly earnings data on Thursday. The company reported $0.03 earnings per share (EPS) for the quarter, FiscalAI reports. Asia Pacific Wire & Cable had a return on equity of 2.16% and a net margin of 1.28%. The firm had revenue of $161.71 million during the quarter.

Asia Pacific Wire & Cable Price Performance

NASDAQ:APWC traded down $0.02 on Friday, reaching $1.15. The stock had a trading volume of 498 shares, compared to its average volume of 238,625. The company has a market cap of $23.80 million, a price-to-earnings ratio of 4.12 and a beta of 0.64. The firm’s fifty day moving average is $1.28 and its two-hundred day moving average is $1.46. Asia Pacific Wire & Cable has a 12-month low of $1.08 and a 12-month high of $2.28.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut Asia Pacific Wire & Cable from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, August 24th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Asia Pacific Wire & Cable Company Profile

Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) is a holding company that operates through subsidiaries engaged in the manufacture, distribution and sale of wire and cable products. Its offerings primarily serve telecommunications, electrical power, construction and industrial applications. The company’s product portfolio includes copper-based power cables, building wires, telecommunications cables, enameled wires, bare copper conductors and other specialty wire and cable products.