APWC Shares Surge 7.94% Amid Earnings Report Highlights

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4 days ago

Shares of Asia Pacific Wire & Cable (APWC, Financial) experienced a significant rise of 7.94%, reaching $1.63. The trading volume was 2,091 shares, with a turnover rate of 0.01% and a price fluctuation of 5.07%.

Recent financial reports show that APWC achieved a revenue of $426 million, a net profit of $3.87 million, an earnings per share of $0.19, a gross profit of $28.83 million, and a price-to-earnings ratio of 9.22. Currently, there are no institutional ratings suggesting "buy," "hold," or "sell" for this stock.

In the electrical equipment parts industry, where APWC operates, the overall increase was 0.34%. Within the industry, stocks such as Polar Power, Inc., Stardust Power Inc., and Graftech International Ltd. saw significant gains. Meanwhile, Expion360 Inc., Polar Power, Inc., and Amprius Technologies, Inc. had notable trading activity, with turnover rates of 185.33%, 11.44%, and 2.68%, respectively. Polar Power, Inc., Stardust Power Inc., and Graftech International Ltd. also showed high volatility with price fluctuations of 43.21%, 25.35%, and 25.31%, respectively.

Asia Pacific Wire & Cable Company is a holding company operating in segments such as power cables, communication cables, enameled wire, and electronic cables. They also offer project engineering services. Their product range includes bare wires, power cables, communication cables, electronic cables, and enameled wires, with business operations in North Asia, Thailand, and other global markets.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.