Alps Electric (OTCMKTS:APELY) Short Interest Update

Alps Electric (OTCMKTS:APELY) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 444 shares, an increase of 79.0% from the December 15th total of 248 shares. Based on an average daily trading volume, of 75 shares, the short-interest ratio is currently 5.9 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 75 shares, the short-interest ratio is currently 5.9 days.

Alps Electric Price Performance

OTCMKTS:APELY opened at $27.30 on Thursday. Alps Electric has a 52-week low of $16.21 and a 52-week high of $27.30. The company has a market cap of $2.84 billion, a P/E ratio of 8.45, a P/E/G ratio of 0.69 and a beta of 0.32. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.49 and a current ratio of 2.10. The stock’s 50-day simple moving average is $26.45 and its 200 day simple moving average is $24.24.

Alps Electric (OTCMKTS:APELY) last issued its quarterly earnings results on Friday, October 31st. The company reported $1.09 EPS for the quarter, beating the consensus estimate of $0.26 by $0.83. The firm had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.77 billion. Alps Electric had a return on equity of 5.41% and a net margin of 4.91%. As a group, sell-side analysts forecast that Alps Electric will post 1.63 EPS for the current fiscal year.

Alps Electric Company Profile

Alps Electric Co, Ltd. (OTCMKTS:APELY), a subsidiary of Alps Alpine Co, Ltd., is a Japan-based manufacturer of electronic components and automotive solutions. Founded in 1948 and headquartered in Tokyo, the company designs and produces a broad portfolio of products for consumer electronics, industrial equipment, and the automotive sector. Its offerings include human-machine interface devices such as switches, touchpads, and rotary encoders, as well as sensors, wireless communication modules, and power management solutions.

In the automotive field, Alps Electric supplies advanced mechatronic systems including infotainment controls, navigation keypads, and haptic feedback devices.