Alps Alpine (OTCMKTS:APELY) Releases Earnings Results, Beats Expectations By $0.37 EPS

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

Alps Alpine Price Performance

APELY stock remained flat at $19.61 during midday trading on Friday. 29 shares of the company’s stock were exchanged, compared to its average volume of 293. The company’s 50-day moving average is $20.15 and its 200-day moving average is $20.40. The company has a market cap of $2.02 billion, a P/E ratio of -8.42, a P/E/G ratio of 0.37 and a beta of 0.83. Alps Alpine has a fifty-two week low of $13.45 and a fifty-two week high of $23.50. The company has a quick ratio of 1.27, a current ratio of 1.95 and a debt-to-equity ratio of 0.15.

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.