Alps Electric (OTCMKTS:APELY) Shares Gap Down - Should You Sell?

Shares of Alps Electric (OTCMKTS:APELY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $27.30, but opened at $25.8550. Alps Electric shares last traded at $25.8550, with a volume of 348 shares.Get Alps Electric alerts:Analysts Set New Price Targets2 Sizzling Mid-Caps That Could Stay Hot This SummerSeparately, Zacks Research raised Alps Electric from a "hold" rating to a "strong-buy" rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".Check Out Our Latest Research Report on APELYAlps Electric Trading Up 2.2%The stock has a market capitalization of $2.61 billion, a PE ratio of 7.75, a P/E/G ratio of 0.65 and a beta of 0.32. The company's 50 day moving average price is $26.42 and its two-hundred day moving average price is $24.44. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.10 and a quick ratio of 1.49. Alps Electric (OTCMKTS:APELY - Get Free Report) last issued its earnings results on Friday, October 31st. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.83. The company had revenue of $1.73 billion during the quarter, compared to analysts' expectations of $1.77 billion. Alps Electric had a return on equity of 5.41% and a net margin of 4.91%. As a group, analysts expect that Alps Electric will post 1.63 earnings per share for the current year. About Alps Electric (Get Free Report)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.See AlsoFive stocks we like better than Alps ElectricElon Taking SpaceX Public! $100 Pre-IPO Opportunity!How a Family Trust May Be Able To Help Preserve Your WealthDo not delete, read immediatelyA U.S. “birthright” claim worth trillions - activated quietlyRefund From 1933: Trump’s Reset May Create Instant WealthThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Alps Electric Right Now?Before you consider Alps Electric, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alps Electric wasn't on the list.While Alps Electric currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here