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

Equities researchers at StockNews.com began coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC) in a research note issued to investors on Thursday. The firm set a “hold” rating on the stock.

Asia Pacific Wire & Cable Stock Performance

Shares of NASDAQ APWC opened at $1.55 on Thursday. The company has a current ratio of 2.10, a quick ratio of 1.19 and a debt-to-equity ratio of 0.01. The firm’s 50-day moving average price is $1.49 and its 200-day moving average price is $1.40. Asia Pacific Wire & Cable has a 1-year low of $1.20 and a 1-year high of $2.36.

Asia Pacific Wire & Cable (NASDAQ:APWC) last released its quarterly earnings data on Tuesday, April 30th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $131.56 million for the quarter.

About Asia Pacific Wire & Cable

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.