Alaska Power & Telephone (OTCMKTS:APTL) Trading 4.2% Higher – Still a Buy?

Shares of Alaska Power & Telephone Co. (OTCMKTS:APTL) traded up 4.2% during trading on Thursday . The stock traded as high as $75.00 and last traded at $75.00. 900 shares were traded during mid-day trading, an increase of 749% from the average session volume of 106 shares. The stock had previously closed at $72.00.

Alaska Power & Telephone Stock Up 4.2%

The company has a market capitalization of $69.75 million, a PE ratio of 14.07 and a beta of 0.29. The company’s 50 day moving average is $68.63 and its two-hundred day moving average is $61.81.

Alaska Power & Telephone (OTCMKTS:APTL) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $1.13 EPS for the quarter. The company had revenue of $17.79 million during 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.