Alaska Power & Telephone (OTCMKTS:APTL) Shares Down 0.2% – Here’s What Happened

Alaska Power & Telephone Co. (OTCMKTS:APTL)’s share price was down 0.2% during mid-day trading on Thursday . The company traded as low as $83.8493 and last traded at $83.8493. Approximately 100 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 141 shares. The stock had previously closed at $83.99.

Alaska Power & Telephone Stock Performance

The firm has a market cap of $78.49 million, a PE ratio of 14.43 and a beta of 0.31. The stock has a 50-day simple moving average of $83.90 and a two-hundred day simple moving average of $74.88.

Alaska Power & Telephone (OTCMKTS:APTL) last announced its quarterly earnings data on Friday, August 14th. The company reported $1.07 earnings per share for the quarter.

About Alaska Power & Telephone

Alaska Power & Telephone Company (OTCMKTS:APTL) is a diversified utilities provider based in Anchorage, Alaska. Established in 1957, the company focuses on delivering dependable communications and electric power services to rural and remote communities across the state. Through its dual operating segments—telecommunications and electric utilities—AP&T aims to bridge the gap between urban centers and more isolated areas of Alaska.

In its telecommunications division, AP&T offers a wide array of products and services, including local and long-distance voice service, broadband internet access, cable television and digital video, as well as business data and networking solutions.