Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 5,500 shares, an increase of 57.1% from the May 31st total of 3,500 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 5,800 shares, the short-interest ratio is currently 0.9 days.
Asia Pacific Wire & Cable Stock Down 0.6 %
APWC traded down $0.01 during midday trading on Friday, hitting $1.54. 107 shares of the company were exchanged, compared to its average volume of 5,846. The company’s 50 day simple moving average is $1.49 and its 200 day simple moving average is $1.40. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.10 and a quick ratio of 1.19. Asia Pacific Wire & Cable has a 1-year low of $1.20 and a 1-year high of $2.36.
Asia Pacific Wire & Cable (NASDAQ:APWC – Get Free Report) last announced its quarterly earnings results on Tuesday, April 30th. The company reported $0.14 earnings per share for the quarter. The company had revenue of $131.56 million for the quarter.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on Asia Pacific Wire & Cable
Asia Pacific Wire & Cable Company Profile
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.
Read More
- Five stocks we like better than Asia Pacific Wire & Cable
- Are Penny Stocks a Good Fit for Your Portfolio?
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- Investing in Travel Stocks Benefits
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
- 3 Best Fintech Stocks for a Portfolio Boost
- Nike Stock Falls to Bargain Basement After Analysts Slash Targets
Receive News & Ratings for Asia Pacific Wire & Cable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asia Pacific Wire & Cable and related companies with MarketBeat.com's FREE daily email newsletter.