Alps Alpine Co., Ltd. (OTCMKTS:APELY) Short Interest Up 200.0% in February

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 shares of the stock are sold short. Based on an average daily volume of 800 shares, the days-to-cover ratio is currently 0.4 days.

Alps Alpine Stock Performance

Shares of APELY stock opened at $21.09 on Thursday. The company has a quick ratio of 1.31, a current ratio of 2.01 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $2.17 billion, a P/E ratio of 1,055.03, a P/E/G ratio of 0.32 and a beta of 0.73. Alps Alpine has a 12-month low of $14.31 and a 12-month high of $23.50. The firm has a 50-day moving average price of $20.24 and a 200 day moving average price of $20.57.

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