Alaska Power & Telephone (OTCMKTS:APTL) Shares Up 4.2% - Here's What Happened

Key Points

• Shares rose 4.2% to $75 on Thursday, with roughly 900 shares traded—about a 749% increase versus the average daily volume of 106.
• The company reported quarterly EPS of $1.13 on $17.79 million in revenue for the quarter ended March 31.
• Alaska Power & Telephone is a small-cap ($69.75M market cap) diversified Alaska utilities and telecom provider with a PE of 14.07 and a 50‑day moving average ($68.63) above its 200‑day moving average ($61.81).

Alaska Power & Telephone Co. (OTCMKTS:APTL - Get Free Report) shares rose 4.2% on Thursday . The stock traded as high as $75.00 and last traded at $75.00. Approximately 900 shares were traded during mid-day trading, an increase of 749% from the average daily volume of 106 shares. The stock had previously closed at $72.00.

Alaska Power & Telephone Trading Up 4.2%

The company has a market cap of $69.75 million, a PE ratio of 14.07 and a beta of 0.29. The business's 50 day moving average is $68.63 and its two-hundred day moving average is $61.81.

Alaska Power & Telephone (OTCMKTS:APTL - Get Free Report) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $1.13 earnings per share (EPS) for the quarter. The business had revenue of $17.79 million during the quarter.

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.

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