Shares of Alps Electric (OTCMKTS:APELY – Get Free Report) saw an uptick in trading volume on Wednesday . 1,737 shares changed hands during mid-day trading, an increase of 33% from the previous session’s volume of 1,310 shares.The stock last traded at $26.65 and had previously closed at $27.40.
Wall Street Analysts Forecast Growth
Separately, Zacks Research cut Alps Electric from a “strong-buy” rating to a “hold” rating in a report on Monday. One analyst has rated the stock with a Hold rating, According to MarketBeat, Alps Electric has a consensus rating of “Hold”.
Check Out Our Latest Research Report on Alps Electric
Alps Electric Price Performance
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.
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