Alaska Power & Telephone (OTCMKTS:APTL) Trading Up 0.3% – Here’s What Happened

Alaska Power & Telephone Co. (OTCMKTS:APTLGet Free Report) shares shot up 0.3% during trading on Friday . The stock traded as high as $58.70 and last traded at $58.70. 112 shares were traded during mid-day trading, an increase of 762% from the average session volume of 13 shares. The stock had previously closed at $58.52.

Alaska Power & Telephone Stock Performance

The company has a market cap of $54.00 million, a P/E ratio of 10.12 and a beta of 0.40. The business has a 50 day moving average price of $58.79 and a two-hundred day moving average price of $58.53.

About Alaska Power & Telephone

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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.

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