Alps Alpine Co., Ltd. (OTCMKTS:APELY - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $19.72 and traded as low as $19.08. Alps Alpine shares last traded at $19.08, with a volume of 157 shares.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group downgraded shares of Alps Alpine from a "hold" rating to a "strong sell" rating in a report on Monday, March 31st.
View Our Latest Research Report on APELY
Alps Alpine Trading Down 5.6%
The firm has a market capitalization of $1.85 billion, a PE ratio of 900.95, a P/E/G ratio of 0.32 and a beta of 0.40. 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 business's fifty day moving average price is $19.58 and its 200 day moving average price is $20.06.
Alps Alpine (OTCMKTS:APELY - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.41 by ($1.57). Alps Alpine had a net margin of 0.02% and a return on equity of 1.73%. The company had revenue of $1.75 billion during the quarter, compared to analysts' expectations of $1.58 billion. As a group, analysts expect that Alps Alpine Co., Ltd. will post 1.63 EPS for the current fiscal year.
About Alps Alpine
(
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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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