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

Equities research analysts at StockNews.com assumed coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC) in a research note issued on Wednesday. The brokerage set a “hold” rating on the stock.

Asia Pacific Wire & Cable Trading Down 3.1 %

Shares of Asia Pacific Wire & Cable stock opened at $1.54 on Wednesday. The company’s 50 day moving average price is $1.71 and its two-hundred day moving average price is $1.58. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.25 and a current ratio of 2.47. Asia Pacific Wire & Cable has a fifty-two week low of $1.20 and a fifty-two week high of $2.02.

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.