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

Research analysts at StockNews.com initiated coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC) in a research report issued to clients and investors on Monday. The brokerage set a “hold” rating on the stock.

Asia Pacific Wire & Cable Stock Down 5.1 %

Shares of APWC opened at $1.47 on Monday. Asia Pacific Wire & Cable has a 12-month low of $1.20 and a 12-month high of $2.02. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.35 and a current ratio of 2.47. The company’s 50 day simple moving average is $1.66 and its 200-day simple moving average is $1.57.

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.