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

Analysts at StockNews.com began coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC) in a report issued on Friday. The brokerage set a “hold” rating on the stock.

Asia Pacific Wire & Cable Trading Down 4.3 %

APWC stock opened at $1.53 on Friday. Asia Pacific Wire & Cable has a one year low of $1.20 and a one year high of $2.02. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.35 and a current ratio of 2.47. The company has a fifty day moving average of $1.71 and a 200-day moving average of $1.59.

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.