Alaska Communications Systems Group (ALSK) Earning Favorable News Coverage, Accern Reports
Headlines about Alaska Communications Systems Group (NASDAQ:ALSK) have trended positive this week, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Alaska Communications Systems Group earned a coverage optimism score of 0.49 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 47.9365709426252 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s scoring:
- Alaska Communications Systems Group (ALSK) & Koninklijke KPN (KKPNF) Head to Head Comparison (americanbankingnews.com)
- Alaska Communications Systems Group, Inc. 2018 Q2 – Results – Earnings Call Slides (seekingalpha.com)
- Alaska Communications: 2Q Earnings Snapshot (finance.yahoo.com)
- Alaska Communications Systems Group (ALSK) Releases Earnings Results, Beats Estimates By $0.04 EPS (americanbankingnews.com)
- Alaska Communications Reports Second Quarter 2018 Results (finance.yahoo.com)
Shares of Alaska Communications Systems Group stock remained flat at $$1.75 on Friday. The stock had a trading volume of 88,979 shares, compared to its average volume of 103,735. Alaska Communications Systems Group has a 52 week low of $1.39 and a 52 week high of $2.91. The company has a quick ratio of 1.10, a current ratio of 1.36 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $93.07 million, a P/E ratio of 35.00 and a beta of -0.30.
In other news, SVP William H. Bishop sold 35,000 shares of the company’s stock in a transaction that occurred on Friday, June 15th. The stock was sold at an average price of $1.66, for a total value of $58,100.00. Following the transaction, the senior vice president now owns 164,088 shares of the company’s stock, valued at $272,386.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders bought 28,974 shares of company stock worth $48,956 in the last ninety days. 6.86% of the stock is owned by company insiders.
Alaska Communications Systems Group Company Profile
Alaska Communications Systems Group, Inc, through its subsidiaries, provides broadband telecommunication and managed information technology services to business, wholesale, and consumer customers in the state of Alaska. Its services include voice and broadband services; and managed IT services comprising remote network monitoring and support service, managed IT security and IT professional services, and long distance services primarily over its own terrestrial network to business and wholesale customers.
Read More: Investing in Growth Stocks
Receive News & Ratings for Alaska Communications Systems Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alaska Communications Systems Group and related companies with MarketBeat.com's FREE daily email newsletter.