Asia Pacific Wire & Cable (NASDAQ:APWC) Now Covered by Analysts at StockNews.com

Stock analysts at StockNews.com started coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC) in a research report issued on Tuesday. The firm set a “hold” rating on the stock.

Asia Pacific Wire & Cable Trading Down 3.5 %

APWC stock opened at $1.36 on Tuesday. The company has a current ratio of 2.16, a quick ratio of 1.12 and a debt-to-equity ratio of 0.02. Asia Pacific Wire & Cable has a 1 year low of $1.20 and a 1 year high of $2.36. The stock has a 50-day simple moving average of $1.34 and a 200-day simple moving average of $1.34.

Institutional Investors Weigh In On Asia Pacific Wire & Cable

An institutional investor recently bought a new position in Asia Pacific Wire & Cable stock. RBF Capital LLC acquired a new stake in shares of Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 29,831 shares of the company’s stock, valued at approximately $42,000. RBF Capital LLC owned approximately 0.14% of Asia Pacific Wire & Cable as of its most recent SEC filing. 1.00% of the stock is owned by institutional investors.

Asia Pacific Wire & Cable Company Profile

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.