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

StockNews.com started coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC) in a research note released on Wednesday morning. The brokerage issued a hold rating on the stock.

Asia Pacific Wire & Cable Stock Performance

Shares of APWC stock opened at $1.30 on Wednesday. The company’s 50-day moving average price is $1.35 and its 200-day moving average price is $1.34. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.16 and a quick ratio of 1.12. Asia Pacific Wire & Cable has a twelve month low of $1.20 and a twelve month high of $2.36.

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.