StockNews.com initiated coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC – Free Report) in a research note issued to investors on Friday. The brokerage issued a hold rating on the stock.
Asia Pacific Wire & Cable Price Performance
NASDAQ APWC opened at $1.75 on Friday. The firm’s 50 day moving average price is $1.53 and its two-hundred day moving average price is $1.58. The company has a current ratio of 2.47, a quick ratio of 1.35 and a debt-to-equity ratio of 0.03. Asia Pacific Wire & Cable has a twelve month low of $1.20 and a twelve month high of $2.02.
Asia Pacific Wire & Cable (NASDAQ:APWC – Get Free Report) last issued its quarterly earnings results on Monday, December 2nd. The company reported $0.06 earnings per share for the quarter.
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.
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