Short Interest in Alps Alpine Co., Ltd. (OTCMKTS:APELY) Expands By 100.0%

Alps Alpine Co., Ltd. (OTCMKTS:APELY - Get Free Report) was the target of a large growth in short interest in 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 trading volume, of 100 shares, the short-interest ratio is presently 8.0 days. Currently, 0.0% of the company's stock are sold short.

Analyst Upgrades and Downgrades

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

Alps Alpine Price Performance

Alps Alpine stock remained flat at $19.19 during trading on Friday. The company had a trading volume of 1 shares, compared to its average volume of 1,514. Alps Alpine has a fifty-two week low of $16.21 and a fifty-two week high of $23.50. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.31 and a current ratio of 2.01. The company's 50-day moving average price is $18.99 and its 200 day moving average price is $19.86. The firm has a market cap of $1.97 billion, a PE ratio of 959.98, a price-to-earnings-growth ratio of 0.32 and a beta of 0.33.

Alps Alpine (OTCMKTS:APELY - Get Free Report) last posted 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). The company had revenue of $1.75 billion for the quarter, compared to analysts' expectations of $1.58 billion. Alps Alpine had a return on equity of 1.73% and a net margin of 0.02%. As a group, equities research analysts anticipate that Alps Alpine will post 1.63 EPS for the current fiscal year.

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.