Shares of Alps Alpine Co., Ltd. (OTCMKTS:APELY - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $19.37 and traded as low as $18.79. Alps Alpine shares last traded at $18.79, with a volume of 127 shares trading hands.
Analysts Set New Price Targets
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.
Check Out Our Latest Analysis on Alps Alpine
Alps Alpine Price Performance
The company has a debt-to-equity ratio of 0.14, a current ratio of 2.01 and a quick ratio of 1.31. The stock has a market capitalization of $1.93 billion, a PE ratio of 939.97, a P/E/G ratio of 0.32 and a beta of 0.40. The company has a 50-day moving average of $19.23 and a two-hundred day moving average of $19.97.
Alps Alpine (OTCMKTS:APELY - Get Free Report) last announced its quarterly 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 Alpine had a net margin of 0.02% and a return on equity of 1.73%. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.58 billion. Sell-side analysts predict that Alps Alpine Co., Ltd. will post 1.63 EPS for the current fiscal year.
Alps Alpine Company Profile
(
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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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