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

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

Alaska Power & Telephone Stock Performance

Shares of APTL remained flat at $72.50 during trading on Thursday. The company’s stock had a trading volume of 200 shares, compared to its average volume of 147. The company has a market cap of $66.70 million, a P/E ratio of 13.60 and a beta of 0.29. The business’s fifty day moving average price is $63.85 and its two-hundred day moving average price is $60.29. Alaska Power & Telephone has a one year low of $53.00 and a one year high of $72.90.

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.