Alaska Power & Telephone (OTCMKTS:APTL) Trading Up 6% – Still a Buy?

Alaska Power & Telephone Co. (OTCMKTS:APTL)’s stock price rose 6% during trading on Friday . The company traded as high as $88.00 and last traded at $88.00. 125 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 135 shares. The stock had previously closed at $83.00.

Alaska Power & Telephone Trading Up 6.0%

The firm has a market cap of $81.84 million, a P/E ratio of 15.04 and a beta of 0.31. The firm has a 50-day simple moving average of $78.83 and a 200-day simple moving average of $68.61.

Alaska Power & Telephone (OTCMKTS:APTL) last released its quarterly earnings results on Friday, May 15th. The company reported $2.02 EPS for the quarter.

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.