Alps Electric (OTCMKTS:APELY) Short Interest Update

Alps Electric (OTCMKTS:APELY - Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 800 shares, a growth of 100.0% from the May 15th total of 400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 8.0 days. Approximately 0.0% of the shares of the stock are sold short.

Alps Electric Price Performance

OTCMKTS APELY remained flat at $19.19 during trading hours on Tuesday. The company's stock had a trading volume of 1 shares, compared to its average volume of 42. The stock has a 50 day moving average price of $19.17 and a 200-day moving average price of $19.84. The company has a current ratio of 2.01, a quick ratio of 1.31 and a debt-to-equity ratio of 0.14. Alps Electric has a 52 week low of $16.21 and a 52 week high of $23.50. The stock has a market capitalization of $1.97 billion, a PE ratio of 7.93, a PEG ratio of 0.44 and a beta of 0.33.

Alps Electric (OTCMKTS:APELY - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($1.57). Alps Electric had a net margin of 3.82% and a return on equity of 2.64%. The business had revenue of $1.75 billion for the quarter, compared to analysts' expectations of $1.58 billion. As a group, sell-side analysts anticipate that Alps Electric will post 1.63 earnings per share for the current year.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Alps Electric from a "hold" rating to a "strong sell" rating in a report on Monday, March 31st.

Alps Electric Company Profile

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.