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

StockNews.com initiated coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC) in a report released on Saturday morning. The brokerage issued a hold rating on the stock.

Asia Pacific Wire & Cable Stock Performance

Shares of Asia Pacific Wire & Cable stock opened at $1.83 on Friday. The firm’s 50 day moving average price is $1.54 and its 200-day moving average price is $1.51. The company has a quick ratio of 1.25, a current ratio of 2.21 and a debt-to-equity ratio of 0.04. Asia Pacific Wire & Cable has a 52-week low of $1.20 and a 52-week high of $1.88.

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.