Alps Electric (OTCMKTS:APELY - Get Free Report)'s share price traded down 5.2% during mid-day trading on Monday . The company traded as low as $20.36 and last traded at $20.36. 1,243 shares were traded during mid-day trading, a decline of 16% from the average session volume of 1,480 shares. The stock had previously closed at $21.48.
Analyst Ratings Changes
Separately, The Goldman Sachs Group lowered shares of Alps Electric from a "hold" rating to a "strong sell" rating in a research report on Monday, March 31st.
Read Our Latest Research Report on Alps Electric
Alps Electric Stock Down 5.2%
The company has a current ratio of 2.18, a quick ratio of 1.57 and a debt-to-equity ratio of 0.14. The firm has a market cap of $2.09 billion, a P/E ratio of 8.41, a price-to-earnings-growth ratio of 0.49 and a beta of 0.33. The stock's fifty day moving average is $19.31 and its two-hundred day moving average is $19.79.
Alps Electric (OTCMKTS:APELY - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of $1.41 by ($1.57). The firm had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.58 billion. Alps Electric had a return on equity of 2.61% and a net margin of 3.82%. As a group, research analysts anticipate that Alps Electric will post 1.63 earnings per share for the current year.
About Alps Electric
(
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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