Alps Alpine Co., Ltd. (OTCMKTS:APELY) Sees Significant Decrease in Short Interest

Alps Alpine Co., Ltd. (OTCMKTS:APELY) was the recipient of a significant decrease in short interest during the month of 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 trading volume, of 800 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Alps Alpine Price Performance

Alps Alpine stock opened at $21.09 on Friday. The stock has a market cap of $2.17 billion, a PE ratio of 1,055.03, a P/E/G ratio of 0.32 and a beta of 0.73. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.01 and a quick ratio of 1.31. The stock’s fifty day moving average is $20.54 and its two-hundred day moving average is $20.57. Alps Alpine has a 1-year low of $14.31 and a 1-year high of $23.50.

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