5 Best Nano Cap Stocks To Buy in 2021

3. Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC)

Number of Hedge Fund Holders: 1

Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) is a Taiwan-based fiber-optic cable manufacturing company. It operates in the Asia Pacific, serving Singapore, Thailand, Australia, and China. In addition to fiber-optic cables, it also markets telecommunication products, low-voltage power cables used to transmit electricity, and installation of street lights. The company has contracts with several governments, electric power companies, and telecommunications giants. It is placed third on our list of 10 best nano cap stocks for 2021.

The firm has a market cap of over $46.5 million. The company posted a revenue of more than $120 million at the end of a six month period beginning January 2020 and ending June 2020. The 52-week share price range of Asia Pacific Wire lies between $8.8-$0.95, indicating that the stock is a high-risk, high-reward one. Last year, it acquired a $6 million loan from its majority shareholder, Pacific Electric Wire & Cable Ltd, to fund company expenditure, funds for business projects, and other corporate uses.