Alps Alpine (OTCMKTS:APELY) Stock Passes Above 50 Day Moving Average - Should You Sell?

Shares of Alps Alpine Co., Ltd. (OTCMKTS:APELY - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $20.01 and traded as high as $21.35. Alps Alpine shares last traded at $21.35, with a volume of 1,936 shares traded.

Analyst Upgrades and Downgrades

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 Price Performance

The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.31 and a current ratio of 2.01. The company has a market cap of $1.97 billion, a PE ratio of 960.98, a PEG ratio of 0.32 and a beta of 0.44. The stock's 50 day moving average price is $19.97 and its 200-day moving average price is $20.18.

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 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%. On average, analysts predict that Alps Alpine Co., Ltd. will post 1.63 earnings per share 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.