Alps Alpine Co., Ltd. (OTCMKTS:APELY) Short Interest Down 51.9% in April

Alps Alpine Co., Ltd. (OTCMKTS:APELYGet Rating) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 1,300 shares, a decrease of 51.9% from the March 31st total of 2,700 shares. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is presently 0.2 days.

Several equities research analysts have recently commented on APELY shares. Zacks Investment Research lowered shares of Alps Alpine from a “hold” rating to a “sell” rating in a research report on Monday, April 11th. The Goldman Sachs Group raised shares of Alps Alpine from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 13th. Finally, CLSA lowered shares of Alps Alpine from an “underperform” rating to a “sell” rating in a research report on Wednesday, February 16th.

Alps Alpine stock opened at $19.30 on Friday. The firm has a 50 day moving average of $19.19 and a 200 day moving average of $19.59. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of 28.38 and a beta of 1.19. Alps Alpine has a 12-month low of $17.28 and a 12-month high of $24.82. The company has a current ratio of 1.97, a quick ratio of 1.42 and a debt-to-equity ratio of 0.16.

About Alps Alpine (Get Rating)

Alps Alpine Co, Ltd. manufactures and sells electronic components in Japan and internationally. It operates through three segments: Electronic Components, Automotive Infotainment, and Logistics. The Electronic Components segment develops, manufactures, and markets electronic components. The Automotive Infotainment segment develops, manufactures, and markets audio, information, and communication equipment.

Featured Articles

Receive News & Ratings for Alps Alpine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alps Alpine and related companies with MarketBeat.com's FREE daily email newsletter.