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

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

Asia Pacific Wire & Cable Price Performance

Shares of NASDAQ APWC opened at $1.64 on Wednesday. The company has a quick ratio of 1.25, a current ratio of 2.21 and a debt-to-equity ratio of 0.04. Asia Pacific Wire & Cable has a 52 week low of $1.20 and a 52 week high of $2.02. The firm’s fifty day moving average is $1.71 and its 200 day moving average is $1.58.

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.