Alps Alpine (OTCMKTS:APELY - Get Free Report) was downgraded by investment analysts at The Goldman Sachs Group from a "hold" rating to a "strong sell" rating in a report issued on Monday, March 31st,Zacks.com reports.
Alps Alpine Stock Down 5.4 %
APELY stock traded down $0.92 during trading on Monday, reaching $16.21. The stock had a trading volume of 665 shares, compared to its average volume of 1,768. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 810.91, a P/E/G ratio of 0.32 and a beta of 0.44. The company has a quick ratio of 1.31, a current ratio of 2.01 and a debt-to-equity ratio of 0.14. The company's 50 day moving average is $20.44 and its two-hundred day moving average is $20.45. Alps Alpine has a one year low of $15.95 and a one year high of $23.50.
Alps Alpine (OTCMKTS:APELY - Get Free Report) last posted its earnings results on Friday, January 31st. The company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.37. Alps Alpine had a net margin of 0.02% and a return on equity of 1.73%. Equities research analysts forecast that Alps Alpine will post 1.63 EPS for the current year.
About Alps Alpine
(
Get Free Report)
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.
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