Alaska Power & Telephone (OTCMKTS:APTL) Shares Down 4.6% - Here's What Happened

Key Points

• Alaska Power & Telephone stock dropped 4.6% to $57.25 during mid-day trading on Wednesday, following a previous close of $60.00.
• The trading volume increased significantly to 100 shares, a 578% rise from its average session volume of just 15 shares.
• The company has a market cap of $69.27 million and operates in providing energy and telecommunications services to rural Alaska.

Alaska Power & Telephone Co. (OTCMKTS:APTL - Get Free Report) shares traded down 4.6% on Wednesday . The company traded as low as $57.25 and last traded at $57.25. 100 shares traded hands during trading, an increase of 578% from the average session volume of 15 shares. The stock had previously closed at $60.00.

Alaska Power & Telephone Stock Performance

The stock has a market capitalization of $69.04 million, a PE ratio of 9.74 and a beta of 0.41. The firm has a 50 day moving average price of $57.86 and a 200 day moving average price of $57.50.

Alaska Power & Telephone Company Profile

Alaska Power & Telephone Company provides energy, telecommunications, and broadband services to the residents, businesses, and communities of rural Alaska. The company operates through Energy and Telecom divisions. It generates energy using hydro and fossil-fuels. In addition, the company provides voice, as well as broadband services.