Alps Alpine (OTCMKTS:APELY) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Shares of Alps Alpine Co., Ltd. (OTCMKTS:APELY) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $20.19 and traded as high as $21.50. Alps Alpine shares last traded at $21.09, with a volume of 3,280 shares traded.

Alps Alpine Stock Performance

The stock’s 50-day moving average is $20.20 and its 200-day moving average is $20.56. The firm has a market capitalization of $2.17 billion, a price-to-earnings ratio of 1,055.03, a PEG ratio of 0.32 and a beta of 0.81. The company has a current ratio of 2.01, a quick ratio of 1.31 and a debt-to-equity ratio of 0.14.

Alps Alpine (OTCMKTS:APELY) last announced its quarterly earnings results on Friday, January 31st. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.37. Alps Alpine had a net margin of 0.02% and a return on equity of 1.73%. On average, analysts predict that Alps Alpine Co., Ltd. will post 1.63 EPS for the current fiscal year.

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.