Alps Electric (APELY) Expected to Release Earnings on Thursday

Alps Electric (OTCMKTS:APELY) is expected to be announcing its resultson Thursday, July 30th. Analysts expect the company to post earnings of $0.02 per share and revenue of $1.5225 billion for the quarter.

Alps Electric Stock Performance

OTCMKTS:APELY opened at $26.25 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.51 and a current ratio of 2.08. Alps Electric has a one year low of $20.68 and a one year high of $32.15. The business’s 50-day simple moving average is $26.37 and its 200 day simple moving average is $27.06. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of 14.75, a price-to-earnings-growth ratio of 7.05 and a beta of 0.37.

Wall Street Analyst Weigh In

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

Alps Electric Company Profile

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.