Alps Electric (OTCMKTS:APELY) Short Interest Update

Alps Electric (OTCMKTS:APELY) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 169 shares, a drop of 85.1% from the June 30th total of 1,137 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 694 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analyst Weigh In

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

Alps Electric Stock Performance

Shares of APELY stock opened at $26.25 on Friday. Alps Electric has a 12-month low of $20.68 and a 12-month high of $32.15. The business’s fifty day simple moving average is $26.42 and its 200-day simple moving average is $27.07. The company has a current ratio of 2.08, a quick ratio of 1.51 and a debt-to-equity ratio of 0.12. The company has a market cap of $2.73 billion, a PE ratio of 14.75, a PEG ratio of 6.89 and a beta of 0.37.

About Alps Electric

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.