Alaska Power & Telephone (OTCMKTS:APTL) Stock Falls 0.4% – Here’s What Happened

Alaska Power & Telephone Co. (OTCMKTS:APTL) shares fell 0.4% during trading on Thursday. The company traded as low as $90.00 and last traded at $90.15. Approximately 393 shares changed hands during trading, an increase of 494% from the average daily volume of 66 shares. The stock had previously closed at $90.54.

Alaska Power & Telephone Price Performance

The stock has a fifty day moving average of $88.11 and a 200 day moving average of $78.86. The firm has a market capitalization of $83.84 million, a P/E ratio of 16.88 and a beta of 0.26.

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

Alaska Power & Telephone Company Profile

Alaska Power & Telephone Company is an integrated electric utility and telecommunications provider serving communities in remote areas of Alaska. The company supplies electricity through generation, transmission and distribution operations, using a combination of hydroelectric and other power resources suited to the communities it serves. Its telecommunications business provides voice, broadband internet, wireless and related communication services. These offerings support residential customers, businesses, government organizations and other institutions in areas where terrain and distance can make communications infrastructure challenging to develop and maintain.