Alps Electric (OTCMKTS:APELY - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 985 shares were traded during mid-day trading, a decline of 27% from the previous session's volume of 1,357 shares.The stock last traded at $27.2380 and had previously closed at $27.7150.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Alps Electric from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Strong Buy".
Check Out Our Latest Stock Analysis on APELY
Alps Electric Trading Down 7.0%
The business's 50-day moving average price is $27.88 and its 200-day moving average price is $26.78. The firm has a market capitalization of $2.83 billion, a PE ratio of 8.11, a price-to-earnings-growth ratio of 0.46 and a beta of 0.35. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.11 and a quick ratio of 1.44.
Alps Electric (OTCMKTS:APELY - Get Free Report) last released its quarterly earnings results on Friday, January 30th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.18 by $0.56. Alps Electric had a net margin of 5.06% and a return on equity of 5.32%. The firm had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.63 billion. As a group, analysts expect that Alps Electric will post 1.58 earnings per share for the current fiscal year.
Alps Electric Company Profile
(
Get Free Report)
Alps Electric Co, Ltd. OTCMKTS: APELY, a subsidiary of Alps Alpine Co, Ltd., is a Japan-based manufacturer of electronic components and automotive solutions. Founded in 1948 and headquartered in Tokyo, the company designs and produces a broad portfolio of products for consumer electronics, industrial equipment, and the automotive sector. Its offerings include human-machine interface devices such as switches, touchpads, and rotary encoders, as well as sensors, wireless communication modules, and power management solutions.
In the automotive field, Alps Electric supplies advanced mechatronic systems including infotainment controls, navigation keypads, and haptic feedback devices.
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