Asia Pacific Wire & Cable Co.Ltd (NASDAQ:APWC) Downgraded by TheStreet to D

TheStreet cut shares of Asia Pacific Wire & Cable Co.Ltd (NASDAQ:APWC) from a c rating to a d rating in a research note released on Monday morning, TheStreetRatingsTable reports.

Shares of APWC opened at $1.37 on Monday. 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 company has a 50-day moving average price of $1.35 and a two-hundred day moving average price of $1.84. Asia Pacific Wire & Cable Co.Ltd has a 12 month low of $1.28 and a 12 month high of $2.40.

An institutional investor recently bought a new position in Asia Pacific Wire & Cable Co.Ltd stock. Citadel Advisors LLC acquired a new position in shares of Asia Pacific Wire & Cable Co.Ltd (NASDAQ:APWC) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,511 shares of the company’s stock, valued at approximately $41,000. Citadel Advisors LLC owned about 0.14% of Asia Pacific Wire & Cable Co.Ltd at the end of the most recent quarter. Institutional investors own 0.73% of the company’s stock.

Asia Pacific Wire & Cable Co.Ltd Company Profile

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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