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Globe Newswire (Tue, 30-Apr 8:30 AM ET)
Asia Pacific Wire & Cable Corp Ltd is a holding company. It is principally engaged in owning operating companies engaged in the power cable, telecommunication cable, enameled wire, and electronic cable industry. It also provides project engineering services to customers. Some of the company's products are Bare wires, Power cables, Communication cables, Electronic wires & cables, and Enamelled wires. The company's geographical segments are North Asia, Thailand, and Rest of the World.
Asia Pacific Wire & Cable Limited - Common Shares Par Value .01 Per Share trades on the NASDAQ stock market under the symbol APWC.
As of May 13, 2024, APWC stock price was flat at $1.51 with 116 million shares trading.
APWC has a market cap of $31.13 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, APWC stock traded as high as $4.58 and as low as $1.07.
APWC stock has underperformed the market in the last year with a return of -7.4%, while SPY returned +28.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in APWC shares. However, APWC has outperformed the market in the last 3 month and 2 week periods, returning +14.0% and +16.2%, while SPY returned +4.4% and +2.6%, respectively. This indicates APWC has been having a stronger performance recently.
APWC support price is $1.44 and resistance is $1.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that APWC stock will trade within this expected range on the day.