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

Alaska Power & Telephone (OTCMKTS:APTL) released its quarterly earnings data on Friday. The company reported $1.09 EPS for the quarter, Zacks reports.

Alaska Power & Telephone Stock Performance

Shares of OTCMKTS:APTL remained flat at $90.15 on Friday. 393 shares of the company’s stock were exchanged, compared to its average volume of 66. The business has a 50-day moving average price of $88.11 and a 200-day moving average price of $78.86. Alaska Power & Telephone has a 1-year low of $55.05 and a 1-year high of $95.00. The company has a market cap of $83.57 million, a P/E ratio of 16.88 and a beta of 0.26.

About Alaska Power & Telephone

Alaska Power & Telephone Company (AP&T) provides electric and telecommunications services to rural and remote communities in Alaska. Founded in 1957, the company was established to expand essential utility service in areas not served by larger providers. AP&T operates electric generation and distribution systems, with power produced through a mix that includes hydroelectric and other local sources. Its telecommunications offerings include telephone service, broadband internet and related connectivity services.