StockNews.com assumed coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC – Free Report) in a report released on Friday morning. The firm issued a hold rating on the stock.
Asia Pacific Wire & Cable Price Performance
Shares of APWC stock opened at $1.55 on Friday. Asia Pacific Wire & Cable has a 12-month low of $1.20 and a 12-month high of $2.36. The company has a quick ratio of 1.19, a current ratio of 2.10 and a debt-to-equity ratio of 0.01. The stock’s 50-day moving average price is $1.52 and its 200-day moving average price is $1.41.
Asia Pacific Wire & Cable (NASDAQ:APWC – Get Free Report) last issued its earnings results on Tuesday, April 30th. The company reported $0.14 earnings per share (EPS) for the quarter. The firm had revenue of $131.56 million during the quarter.
Asia Pacific Wire & Cable Company Profile
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.
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