Alps Alpine (OTCMKTS:APELY) Share Price Passes Below Fifty Day Moving Average – Here’s Why

Alps Alpine Co., Ltd. (OTCMKTS:APELYGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $20.21 and traded as low as $19.29. Alps Alpine shares last traded at $19.66, with a volume of 329 shares changing hands.

Alps Alpine Price Performance

The stock has a market capitalization of $2.02 billion, a PE ratio of -8.44, a P/E/G ratio of 0.37 and a beta of 0.83. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.27 and a current ratio of 1.95. The stock’s 50-day moving average is $20.19 and its 200 day moving average is $20.39.

Alps Alpine Company Profile

(Get Free Report)

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.

Further Reading

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