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

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

Asia Pacific Wire & Cable Trading Up 1.2 %

Asia Pacific Wire & Cable stock opened at $1.68 on Monday. Asia Pacific Wire & Cable has a fifty-two week low of $1.20 and a fifty-two week high of $2.02. The company has a current ratio of 2.47, a quick ratio of 1.35 and a debt-to-equity ratio of 0.03. The firm has a 50 day moving average price of $1.54 and a 200 day moving average price of $1.59.

About Asia Pacific Wire & Cable

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.