Short Interest in Asia Pacific Wire & Cable Co.Ltd (NASDAQ:APWC) Decreases By 25.0%
Asia Pacific Wire & Cable Co.Ltd (NASDAQ:APWC) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 300 shares, a decrease of 25.0% from the May 30th total of 400 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is presently 0.1 days.
Shares of APWC stock opened at $2.04 on Friday. The stock has a market capitalization of $28.19 million, a P/E ratio of 12.85 and a beta of 1.38. The company has a fifty day moving average price of $2.17. Asia Pacific Wire & Cable Co.Ltd has a twelve month low of $1.77 and a twelve month high of $2.77.
Asia Pacific Wire & Cable Co.Ltd (NASDAQ:APWC) last announced its earnings results on Tuesday, April 30th. The company reported $0.02 earnings per share for the quarter. The business had revenue of $107.47 million during the quarter. Asia Pacific Wire & Cable Co.Ltd had a net margin of 0.54% and a return on equity of 0.98%.
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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