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

StockNews.com began coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC) in a research note released on Saturday morning. The brokerage issued a hold rating on the stock.

Asia Pacific Wire & Cable Trading Up 0.8 %

Shares of APWC stock opened at $1.45 on Friday. 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 business’s fifty day moving average price is $1.69 and its 200 day moving average price is $1.58.

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.