Asia Pacific Wire & Cable (NASDAQ:APWC) Coverage Initiated at StockNews.com

Analysts at StockNews.com initiated coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC) in a report released on Tuesday. The firm set a “hold” rating on the stock.

Asia Pacific Wire & Cable Stock Performance

Shares of APWC opened at $1.57 on Tuesday. Asia Pacific Wire & Cable has a one year low of $1.24 and a one year high of $2.02. The stock has a 50-day moving average price of $1.56 and a 200 day moving average price of $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 Company Profile

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.