Asia Pacific Wire & Cable (NASDAQ:APWC) Earns Hold Rating from Analysts at StockNews.com

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

Asia Pacific Wire & Cable Stock Performance

Asia Pacific Wire & Cable stock opened at $1.51 on Monday. 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 52-week low of $1.24 and a 52-week high of $2.02. The company has a fifty day simple moving average of $1.54 and a 200-day simple moving average of $1.59.

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.