Alps Electric (OTCMKTS:APELY) Stock Rating Lowered by Zacks Research

Alps Electric (OTCMKTS:APELY) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Alps Electric Stock Performance

Shares of OTCMKTS APELY opened at $27.40 on Monday. Alps Electric has a twelve month low of $19.19 and a twelve month high of $32.15. The company has a current ratio of 2.11, a quick ratio of 1.44 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $27.69 and a 200-day simple moving average of $27.13. The stock has a market capitalization of $2.85 billion, a PE ratio of 15.39 and a beta of 0.36.

About Alps Electric

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.