Alaska Power & Telephone (OTCMKTS:APTL) Posts Earnings Results

Alaska Power & Telephone (OTCMKTS:APTL) posted its quarterly earnings results on Tuesday. The company reported $1.13 EPS for the quarter, Zacks reports. The company had revenue of $17.79 million for the quarter.

Alaska Power & Telephone Price Performance

APTL stock remained flat at $72.50 during midday trading on Wednesday. 200 shares of the company’s stock were exchanged, compared to its average volume of 172. Alaska Power & Telephone has a 12 month low of $53.00 and a 12 month high of $72.90. The stock has a market capitalization of $66.70 million, a P/E ratio of 12.50 and a beta of 0.38. The company’s 50-day moving average price is $63.57 and its 200 day moving average price is $60.21.

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.