Alps Alpine (OTCMKTS:APELY) Issues Earnings Results, Beats Estimates By $0.37 EPS

Alps Alpine (OTCMKTS:APELY) posted its quarterly earnings results on Friday. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.37, Zacks reports. Alps Alpine had a positive return on equity of 1.08% and a negative net margin of 3.68%.

Alps Alpine Stock Performance

Shares of OTCMKTS:APELY remained flat at $19.61 during midday trading on Friday. 29 shares of the company were exchanged, compared to its average volume of 293. The company has a current ratio of 1.95, a quick ratio of 1.27 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.02 billion, a PE ratio of -8.42, a PEG ratio of 0.37 and a beta of 0.83. The company’s 50 day moving average is $20.15 and its two-hundred day moving average is $20.40. Alps Alpine has a 12-month low of $13.45 and a 12-month high of $23.50.

About Alps Alpine

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.