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

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

Asia Pacific Wire & Cable Price Performance

Shares of NASDAQ:APWC opened at $1.57 on Tuesday. The company’s fifty day moving average is $1.56 and its two-hundred day moving average is $1.60. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.47 and a quick ratio of 1.35. Asia Pacific Wire & Cable has a 1-year low of $1.24 and a 1-year high of $2.02.

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.