Asia Pacific Wire & Cable (NASDAQ:APWC) Posts Quarterly Earnings Results

Asia Pacific Wire & Cable (NASDAQ:APWC) posted its quarterly earnings data on Friday. The company reported $0.05 EPS for the quarter, Zacks reports. Asia Pacific Wire & Cable had a return on equity of 1.03% and a net margin of 0.64%.The firm had revenue of $128.40 million during the quarter.

Asia Pacific Wire & Cable Trading Down 2.1%

Asia Pacific Wire & Cable stock traded down $0.04 during midday trading on Friday, hitting $1.80. 1,856 shares of the stock were exchanged, compared to its average volume of 9,404. The company has a current ratio of 2.43, a quick ratio of 1.22 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $37.11 million, a price-to-earnings ratio of 8.18 and a beta of 0.79. The stock’s 50-day simple moving average is $1.95 and its 200 day simple moving average is $1.78. Asia Pacific Wire & Cable has a fifty-two week low of $1.36 and a fifty-two week high of $2.34.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Asia Pacific Wire & Cable in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Asia Pacific Wire & Cable currently has an average rating of “Hold”.

About Asia Pacific Wire & Cable

Asia Pacific Wire & Cable Corp. Ltd. is a holding company, which engages in the business of owning operating companies in the power cable, telecommunication cable, enameled wire, and electronic cable industry. It operates through the following segments: North Asia, Thailand, and Rest of the World.