Alaska Power & Telephone (OTCMKTS:APTL) Stock Price Down 5.6% – Time to Sell?

Alaska Power & Telephone Co. (OTCMKTS:APTLGet Free Report) shares traded down 5.6% during mid-day trading on Friday . The company traded as low as $80.00 and last traded at $85.00. 367 shares changed hands during trading, an increase of 93% from the average session volume of 191 shares. The stock had previously closed at $90.00.

Alaska Power & Telephone Stock Down 5.6%

The stock has a market capitalization of $79.05 million, a PE ratio of 14.53 and a beta of 0.31. The stock’s 50 day moving average price is $75.90 and its 200-day moving average price is $66.10.

Alaska Power & Telephone (OTCMKTS:APTLGet Free Report) last issued its earnings results on Friday, May 15th. The company reported $2.02 earnings per share (EPS) for the quarter.

Alaska Power & Telephone Company Profile

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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.

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