NEW YORK ( TheStreet) -- Shares of Asia Pacific Wire & Cable Corp (Nasdaq: APWC) have taken a tremendous swing upward. The stock is trading at $4.95 as of 3:48 p.m. ET, 24.4% above Monday's closing price of $3.98. Volume is at 23,080, 2.8 times the daily average of 8,300.

Asia Pacific Wire & Cable has a market cap of $59.3 million and is part of the industrial goods sector and industrial industry. Shares are unchanged year to date as of the close of trading on Monday.

Asia Pacific Wire & Cable Corporation Limited, through its subsidiaries, engages in the manufacture and distribution of telecommunications, power cable, and enameled wire products. The company has a P/E ratio of 4.2, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Asia Pacific Wire & Cable as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins. You can view the full Asia Pacific Wire & Cable Ratings Report.

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