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

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

Asia Pacific Wire & Cable Stock Down 1.4 %

NASDAQ APWC opened at $1.60 on Tuesday. 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 52-week low of $1.20 and a 52-week high of $2.36. The firm has a 50-day moving average price of $1.43 and a 200 day moving average price of $1.38.

Asia Pacific Wire & Cable (NASDAQ:APWCGet Free Report) last issued its earnings results on Tuesday, April 30th. The company reported $0.14 earnings per share (EPS) for the quarter. The business had revenue of $131.56 million for the quarter.

About Asia Pacific Wire & Cable

(Get Free Report)

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.

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