Asia Pacific Wire & Cable (NASDAQ:APWC) Earns Hold Rating from Analysts at StockNews.com

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

Asia Pacific Wire & Cable Stock Down 2.8 %

APWC opened at $1.51 on Tuesday. 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 business has a fifty day simple moving average of $1.62 and a 200 day simple moving average of $1.57. Asia Pacific Wire & Cable has a 1 year low of $1.20 and a 1 year high of $2.02.

Asia Pacific Wire & Cable Company Profile

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.