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 published on Thursday morning. The brokerage issued a hold rating on the stock.

Asia Pacific Wire & Cable Trading Up 2.9 %

APWC stock opened at $1.59 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.10 and a quick ratio of 1.19. Asia Pacific Wire & Cable has a one year low of $1.20 and a one year high of $2.36. The firm has a 50 day simple moving average of $1.50 and a two-hundred day simple moving average of $1.40.

Asia Pacific Wire & Cable (NASDAQ:APWC) last released its quarterly earnings results on Tuesday, April 30th. The company reported $0.14 EPS for the quarter. The company had revenue of $131.56 million during the quarter.

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.