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

by · The Markets Daily

StockNews.com initiated coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC – Free Report) in a report released on Thursday morning. The firm issued a hold rating on the stock.

Asia Pacific Wire & Cable Stock Performance

NASDAQ:APWC opened at $1.57 on Thursday. The company has a current ratio of 2.21, a quick ratio of 1.25 and a debt-to-equity ratio of 0.04. Asia Pacific Wire & Cable has a 52 week low of $1.20 and a 52 week high of $1.73. The firm has a 50-day moving average price of $1.52 and a two-hundred day moving average price of $1.49.

About Asia Pacific Wire & Cable

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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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