Alps Alpine Co., Ltd. (OTCMKTS:APELY) Short Interest Update

Alps Alpine Co., Ltd. (OTCMKTS:APELY - Get Free Report) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 1,100 shares, an increase of 1,000.0% from the March 31st total of 100 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,700 shares, the days-to-cover ratio is presently 0.4 days.

Alps Alpine Trading Up 4.0 %

OTCMKTS:APELY traded up $0.81 on Thursday, reaching $20.81. 914 shares of the company's stock were exchanged, compared to its average volume of 1,793. The business has a fifty day moving average of $19.90 and a 200-day moving average of $20.13. The company has a quick ratio of 1.31, a current ratio of 2.01 and a debt-to-equity ratio of 0.14. Alps Alpine has a 52-week low of $16.21 and a 52-week high of $23.50. The firm has a market capitalization of $2.14 billion, a price-to-earnings ratio of 1,041.02, a price-to-earnings-growth ratio of 0.32 and a beta of 0.44.

Alps Alpine (OTCMKTS:APELY - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.71 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.37. Alps Alpine had a net margin of 0.02% and a return on equity of 1.73%. As a group, analysts expect that Alps Alpine will post 1.63 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded Alps Alpine from a "hold" rating to a "strong sell" rating in a research note on Monday, March 31st.

About Alps Alpine

Alps Alpine Co, Ltd. manufactures and sells electronic components in Japan and internationally. It operates through four segments: Components, Sensor Communication, Module Systems, and Logistics. The company's products for the consumer, industrial equipment, and IoT markets include TACT switches, worker condition monitoring systems, HAPTIC reactor, actuator for cameras, remote monitoring system for logistics, analog meter monitoring system, resistive position sensor, pressure sensor, air environment sensor module, three-axis geomagnetic sensor, humidity sensor, and pc board mount current sensor.