Alps Electric (OTCMKTS:APELY) Short Interest Update

Alps Electric (OTCMKTS:APELY) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 169 shares, a decline of 85.1% from the June 30th total of 1,137 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 694 shares, the short-interest ratio is presently 0.2 days.

Alps Electric Stock Performance

Shares of OTCMKTS APELY opened at $26.25 on Friday. The company has a 50 day simple moving average of $26.42 and a two-hundred day simple moving average of $27.07. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of 14.75, a PEG ratio of 6.89 and a beta of 0.37. The company has a current ratio of 2.08, a quick ratio of 1.51 and a debt-to-equity ratio of 0.12. Alps Electric has a 12 month low of $20.68 and a 12 month high of $32.15.

Analyst Upgrades and Downgrades

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

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.