Alps Alpine (OTCMKTS:APELY) Shares Pass Above Fifty Day Moving Average of $19.39

Alps Alpine Co., Ltd. (OTCMKTS:APELYGet Rating)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $19.39 and traded as high as $19.42. Alps Alpine shares last traded at $18.78, with a volume of 10,229 shares.

A number of analysts recently issued reports on the stock. The Goldman Sachs Group raised shares of Alps Alpine from a “neutral” rating to a “buy” rating in a report on Wednesday, April 13th. CLSA downgraded shares of Alps Alpine from an “underperform” rating to a “sell” rating in a report on Wednesday, February 16th. Finally, Zacks Investment Research downgraded shares of Alps Alpine from a “hold” rating to a “sell” rating in a report on Monday, April 11th.

The company has a debt-to-equity ratio of 0.16, a current ratio of 1.97 and a quick ratio of 1.42. The stock has a market capitalization of $1.92 billion, a PE ratio of 27.62 and a beta of 1.19. The stock’s fifty day moving average is $19.39 and its 200-day moving average is $19.66.

Alps Alpine Company Profile (OTCMKTS:APELY)

Alps Alpine Co, Ltd. manufactures and sells electronic components in Japan and internationally. It operates through three segments: Electronic Components, Automotive Infotainment, and Logistics. The Electronic Components segment develops, manufactures, and markets electronic components. The Automotive Infotainment segment develops, manufactures, and markets audio, information, and communication equipment.

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