Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC – Get Free Report) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 2,100 shares, a growth of 2,000.0% from the February 28th total of 100 shares. Based on an average daily volume of 8,400 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short.
Asia Pacific Wire & Cable Trading Down 1.0 %
APWC opened at $1.53 on Thursday. The company has a current ratio of 2.47, a quick ratio of 1.35 and a debt-to-equity ratio of 0.03. The stock has a 50-day moving average of $1.57 and a 200-day moving average of $1.60. Asia Pacific Wire & Cable has a 52-week low of $1.24 and a 52-week high of $2.02.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on shares of Asia Pacific Wire & Cable in a report on Wednesday. They issued a “hold” rating for the company.
About Asia Pacific Wire & Cable
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.
Featured Stories
- Five stocks we like better than Asia Pacific Wire & Cable
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Energy Transfer: Powering Data With Dividends and Diversification
- How to Profit From Value Investing
- Qualcomm Stock Is Coiling for a Breakout
- What Makes a Stock a Good Dividend Stock?
- Is Alphabet Too Cheap to Ignore After Its Recent Correction?
Receive News & Ratings for Asia Pacific Wire & Cable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asia Pacific Wire & Cable and related companies with MarketBeat.com's FREE daily email newsletter.
