Favorable Press Coverage Somewhat Unlikely to Affect Asia Pacific Wire & Cable Corporation Limited (APWC) Share Price
News headlines about Asia Pacific Wire & Cable Corporation Limited (NASDAQ:APWC) have trended positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Asia Pacific Wire & Cable Corporation Limited earned a media sentiment score of 0.40 on Accern’s scale. Accern also assigned news articles about the company an impact score of 48.4692399860301 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Asia Pacific Wire & Cable Corporation Limited (NASDAQ APWC) traded down 1.669% during mid-day trading on Wednesday, hitting $2.945. The company had a trading volume of 1,401 shares. The firm has a 50-day moving average price of $2.96 and a 200-day moving average price of $2.86. The firm has a market capitalization of $40.70 million, a PE ratio of 8.791 and a beta of 1.85. Asia Pacific Wire & Cable Corporation Limited has a 52 week low of $2.01 and a 52 week high of $3.10.
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About Asia Pacific Wire & Cable Corporation Limited
Asia Pacific Wire & Cable Corporation Limited is a holding company that operates its business through operating subsidiaries and associates, which are principally located in Thailand, China, Singapore and Australia. The Company is engaged in the manufacture and distribution of telecommunications (primarily copper, but also fiber optic) and power cable, enameled wire and electronic wire products in the Asia Pacific region, primarily in Thailand, China, Singapore and Australia.
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