Alaska Power & Telephone (OTCMKTS:APTL) Trading 0.9% Higher – What’s Next?

Alaska Power & Telephone Co. (OTCMKTS:APTL) shares shot up 0.9% during mid-day trading on Friday . The stock traded as high as $63.50 and last traded at $63.50. 400 shares traded hands during trading, an increase of 220% from the average session volume of 125 shares. The stock had previously closed at $62.95.

Alaska Power & Telephone Stock Up 0.9%

The stock has a 50 day moving average of $58.87 and a 200 day moving average of $58.73. The firm has a market cap of $58.42 million, a price-to-earnings ratio of 10.95 and a beta of 0.40.

Alaska Power & Telephone Company Profile

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.