Alps Electric (APELY) Expected to Announce Quarterly Earnings on Thursday

Alps Electric (OTCMKTS:APELY) is anticipated to issue its resultson Thursday, July 30th. Analysts expect Alps Electric to announce earnings of $0.02 per share and revenue of $1.5225 billion for the quarter.

Alps Electric Price Performance

APELY opened at $25.67 on Thursday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.51 and a current ratio of 2.08. The stock has a market capitalization of $2.67 billion, a P/E ratio of 14.42, a P/E/G ratio of 6.89 and a beta of 0.37. The company’s 50-day simple moving average is $26.44 and its two-hundred day simple moving average is $27.09. Alps Electric has a 52-week low of $20.68 and a 52-week high of $32.15.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Alps Electric from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Alps Electric currently has a consensus rating of “Hold”.

About Alps Electric

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.