Alps Alpine Co., Ltd. (OTCMKTS:APELY) Sees Large Decline in Short Interest

Alps Alpine Co., Ltd. (OTCMKTS:APELY) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 100 shares, a decrease of 66.7% from the February 28th total of 300 shares. Based on an average daily volume of 800 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Alps Alpine Price Performance

Shares of APELY opened at $21.09 on Thursday. The stock has a 50 day moving average of $20.49 and a 200-day moving average of $20.57. Alps Alpine has a 52 week low of $14.31 and a 52 week high of $23.50. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 1,055.03, a PEG ratio of 0.32 and a beta of 0.73. 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 released its quarterly earnings results on Friday, January 31st. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.34 by $0.37. Alps Alpine had a net margin of 0.02% and a return on equity of 1.73%. As a group, analysts forecast that Alps Alpine will post 1.63 EPS for the current year.

Alps Alpine 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.