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

Stock analysts at StockNews.com started coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWCGet Free Report) in a note issued to investors on Saturday. The brokerage set a “hold” rating on the stock.

Asia Pacific Wire & Cable Price Performance

APWC opened at $1.57 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.47 and a quick ratio of 1.35. The business has a 50 day simple moving average of $1.53 and a 200-day simple moving average of $1.59. Asia Pacific Wire & Cable has a 12 month low of $1.20 and a 12 month high of $2.02.

Asia Pacific Wire & Cable (NASDAQ:APWCGet Free Report) last posted its quarterly earnings results on Monday, December 2nd. The company reported $0.06 EPS for the quarter.

Asia Pacific Wire & Cable Company Profile

(Get Free Report)

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.

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