Asia Pacific Wire & Cable Co.Ltd (NASDAQ:APWC) was downgraded by stock analysts at TheStreet from a “c” rating to a “d” rating in a research report issued on Monday, TheStreetRatingsTable reports.
NASDAQ:APWC opened at $1.29 on Monday. Asia Pacific Wire & Cable Co.Ltd has a 12 month low of $1.28 and a 12 month high of $2.40. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.21 and a current ratio of 3.69. The firm has a fifty day simple moving average of $1.36 and a two-hundred day simple moving average of $1.85.
An institutional investor recently bought a new position in Asia Pacific Wire & Cable Co.Ltd stock. Citadel Advisors LLC bought a new stake in Asia Pacific Wire & Cable Co.Ltd (NASDAQ:APWC) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 19,511 shares of the company’s stock, valued at approximately $41,000. Citadel Advisors LLC owned 0.14% of Asia Pacific Wire & Cable Co.Ltd at the end of the most recent reporting period. Institutional investors and hedge funds own 0.73% of the company’s stock.
Asia Pacific Wire & Cable Corporation Limited, through its subsidiaries, manufactures and distributes telecommunications, power cable, and enameled and electronic wire products in Thailand, the People's Republic of China, Singapore, Australia, and other markets in the Asia Pacific region. It offers 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 street lights, traffic signals, and other signs.
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