StockNews.com Initiates Coverage on Asia Pacific Wire & Cable (NASDAQ:APWC)

Analysts at StockNews.com started coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the stock.

Asia Pacific Wire & Cable Price Performance

Shares of Asia Pacific Wire & Cable stock opened at $1.54 on Wednesday. Asia Pacific Wire & Cable has a 1 year low of $1.24 and a 1 year high of $2.02. The company has a 50-day moving average of $1.57 and a 200 day moving average of $1.60. The company has a current ratio of 2.47, a quick ratio of 1.35 and a debt-to-equity ratio of 0.03.

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.