Alps Electric (OTCMKTS:APELY) Short Interest Down 80.0% in July

Key Points

• Short interest in Alps Electric has decreased by 80.0% in July, dropping to just 100 shares from 500 shares on June 30th.
• The company's stock remained stable at $20.68 with a market capitalization of $2.13 billion.
• Alps Electric reported a significant earnings miss, with an earnings per share of ($0.16), falling short of the consensus estimate of $1.41.

Alps Electric (OTCMKTS:APELY - Get Free Report) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 100 shares, adeclineof80.0% from the June 30th total of 500 shares. Approximately0.0% of the company's shares are sold short. Based on an average trading volume of 200 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 200 shares, the short-interest ratio is presently 0.5 days. Approximately0.0% of the company's shares are sold short.

Alps Electric Stock Performance

Shares of Alps Electric stock remained flat at $21.55 on Friday. The company's fifty day moving average is $19.83 and its two-hundred day moving average is $19.82. The firm has a market cap of $2.22 billion, a PE ratio of 9.80, a PEG ratio of 0.78 and a beta of 0.33. Alps Electric has a 1-year low of $16.21 and a 1-year high of $23.50. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.57 and a current ratio of 2.18.

Alps Electric (OTCMKTS:APELY - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.14). The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $229.53 billion. Alps Electric had a net margin of 3.39% and a return on equity of 1.81%. Equities analysts anticipate that Alps Electric will post 1.63 earnings per share for the current year.

Alps Electric Company Profile

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.