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

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

Asia Pacific Wire & Cable Price Performance

Shares of NASDAQ APWC opened at $1.47 on Friday. Asia Pacific Wire & Cable has a 52-week low of $1.20 and a 52-week high of $1.74. The business has a 50-day moving average price of $1.49 and a 200 day moving average price of $1.46. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.21 and a quick ratio of 1.25.

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.