Alaska Power & Telephone (OTCMKTS:APTL) Issues Quarterly Earnings Results

Alaska Power & Telephone (OTCMKTS:APTL) released its quarterly earnings data 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 OTCMKTS APTL remained flat at $72.50 during midday trading on Wednesday. 200 shares of the stock traded hands, compared to its average volume of 172. Alaska Power & Telephone has a 1-year low of $53.00 and a 1-year high of $72.90. The business has a fifty day simple moving average of $63.57 and a two-hundred day simple moving average of $60.21. The firm has a market cap of $66.70 million, a price-to-earnings ratio of 12.50 and a beta of 0.38.

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.