StockNews.com initiated coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC – Free Report) in a report issued on Wednesday. The brokerage issued a hold rating on the stock.
Asia Pacific Wire & Cable Stock Performance
Shares of APWC stock opened at $1.50 on Wednesday. The stock’s 50-day moving average is $1.56 and its two-hundred day moving average is $1.57. The company has a quick ratio of 1.35, a current ratio of 2.47 and a debt-to-equity ratio of 0.03. Asia Pacific Wire & Cable has a 1 year low of $1.20 and a 1 year high of $2.02.
Asia Pacific Wire & Cable (NASDAQ:APWC – Get Free Report) last released its quarterly earnings results on Monday, December 2nd. The company reported $0.06 earnings per share (EPS) for the quarter.
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.
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