StockNews.com Initiates Coverage on Asia Pacific Wire & Cable (NASDAQ:APWC)

Equities researchers at StockNews.com began coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWCGet Free Report) in a research note issued on Wednesday. The brokerage set a “hold” rating on the stock.

Asia Pacific Wire & Cable Stock Down 2.6 %

Shares of Asia Pacific Wire & Cable stock opened at $1.51 on Wednesday. Asia Pacific Wire & Cable has a 1 year low of $1.20 and a 1 year high of $2.02. The company has a quick ratio of 1.35, a current ratio of 2.47 and a debt-to-equity ratio of 0.03. The stock has a fifty day moving average price of $1.57 and a 200-day moving average price of $1.57.

Asia Pacific Wire & Cable (NASDAQ:APWCGet Free Report) last posted its quarterly earnings data on Monday, December 2nd. The company reported $0.06 earnings per share (EPS) for the quarter.

Asia Pacific Wire & Cable Company Profile

(Get Free Report)

Asia Pacific Wire & Cable Corp. Ltd. is a holding company, which engages in the business of owning operating companies in the power cable, telecommunication cable, enameled wire, and electronic cable industry. It operates through the following segments: North Asia, Thailand, and Rest of the World.

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