Alps Alpine Co., Ltd. (OTCMKTS:APELY) Sees Large Increase in Short Interest

Alps Alpine Co., Ltd. (OTCMKTS:APELY) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 300 shares, a growth of 200.0% from the February 13th total of 100 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 800 shares, the short-interest ratio is presently 0.4 days.

Alps Alpine Stock Performance

APELY opened at $21.09 on Friday. Alps Alpine has a 52-week low of $14.31 and a 52-week high of $23.50. The company has a market cap of $2.17 billion, a price-to-earnings ratio of 1,055.03, a PEG ratio of 0.32 and a beta of 0.73. The firm’s fifty day simple moving average is $20.29 and its two-hundred day simple moving average is $20.57. The company has a quick ratio of 1.31, a current ratio of 2.01 and a debt-to-equity ratio of 0.14.

Alps Alpine (OTCMKTS:APELY) last released its quarterly earnings results on Friday, January 31st. The company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.37. Alps Alpine had a return on equity of 1.73% and a net margin of 0.02%. Equities analysts anticipate that Alps Alpine will post 1.63 earnings per share 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.