Alps Electric (OTCMKTS:APELY) Shares Gap Down – Time to Sell?

Alps Electric (OTCMKTS:APELY) shares gapped down prior to trading on Monday . The stock had previously closed at $27.9442, but opened at $26.13. Alps Electric shares last traded at $26.13, with a volume of 1,230 shares traded.

Analyst Ratings Changes

Separately, Zacks Research raised Alps Electric from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Alps Electric Price Performance

The firm has a market capitalization of $2.72 billion, a P/E ratio of 14.68 and a beta of 0.36. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.44 and a current ratio of 2.11. The firm has a 50-day moving average of $27.67 and a 200-day moving average of $27.13.

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.