Alps Alpine Co., Ltd. (OTCMKTS:APELY) Short Interest Update

Alps Alpine Co., Ltd. (OTCMKTS:APELY - Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 1,100 shares, a growth of 1,000.0% from the March 31st total of 100 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group downgraded shares of Alps Alpine from a "hold" rating to a "strong sell" rating in a report on Monday, March 31st.

Alps Alpine Trading Up 4.1 %

APELY stock traded up $0.79 during midday trading on Friday, reaching $20.00. 858 shares of the company traded hands, compared to its average volume of 1,826. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 1,000.50, a P/E/G ratio of 0.32 and a beta of 0.44. Alps Alpine has a 52-week low of $16.21 and a 52-week high of $23.50. The business has a 50 day moving average of $19.93 and a 200-day moving average of $20.15. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.31 and a current ratio of 2.01.

Alps Alpine (OTCMKTS:APELY - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.37. Alps Alpine had a return on equity of 1.73% and a net margin of 0.02%. As a group, sell-side analysts expect that Alps Alpine will post 1.63 earnings per share for the current fiscal 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.

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