Posted by admin on Jul 24th, 2022
Investment analysts at StockNews.com started coverage on shares of Asia Pacific Wire & Cable (NASDAQ:APWC – Get Rating) in a research report issued to clients and investors on Sunday. The brokerage set a “hold” rating on the stock.
NASDAQ APWC opened at $1.24 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.92 and a debt-to-equity ratio of 0.02. The stock’s 50-day moving average is $1.23 and its 200-day moving average is $1.50. Asia Pacific Wire & Cable has a one year low of $1.07 and a one year high of $4.05.
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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