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

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

Asia Pacific Wire & Cable Price Performance

Shares of NASDAQ APWC opened at $1.62 on Friday. The company has a 50-day moving average of $1.57 and a two-hundred day moving average of $1.60. Asia Pacific Wire & Cable has a 1-year low of $1.24 and a 1-year high of $2.02. The company has a quick ratio of 1.35, a current ratio of 2.47 and a debt-to-equity ratio of 0.03.

Asia Pacific Wire & Cable (NASDAQ:APWCGet Free Report) last announced its quarterly earnings results on Monday, March 31st. The company reported $0.13 earnings per share for the quarter. The firm had revenue of $136.11 million during 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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