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

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

Asia Pacific Wire & Cable Stock Performance

Asia Pacific Wire & Cable stock opened at $1.50 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.47 and a quick ratio of 1.35. The firm has a 50 day simple moving average of $1.71 and a 200-day simple moving average of $1.59. Asia Pacific Wire & Cable has a 1-year low of $1.20 and a 1-year high of $2.02.

About Asia Pacific Wire & Cable

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.