Alps Alpine (OTCMKTS:APELY) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Alps Alpine Co., Ltd. (OTCMKTS:APELY) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $20.19 and traded as high as $21.50. Alps Alpine shares last traded at $21.09, with a volume of 3,280 shares changing hands.

Alps Alpine Stock Performance

The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 1,055.03, a price-to-earnings-growth ratio of 0.32 and a beta of 0.81. The stock’s 50 day moving average is $20.20 and its 200 day moving average is $20.56. The company has a current ratio of 2.01, a quick ratio of 1.31 and a debt-to-equity ratio of 0.14.

Alps Alpine (OTCMKTS:APELY) last announced its quarterly earnings results on Friday, January 31st. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.37. Alps Alpine had a net margin of 0.02% and a return on equity of 1.73%. Analysts anticipate that Alps Alpine Co., Ltd. will post 1.63 earnings per share for the current year.

About Alps Alpine

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.