Alaska Power & Telephone (OTCMKTS:APTL) Stock Price Down 4.6% - Here's Why

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 - ) shares fell 4.6% during mid-day trading on Wednesday . The stock traded as low as $57.25 and last traded at $57.25. 100 shares changed 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 Trading Down 4.6%

The firm has a market cap of $69.27 million, a P/E ratio of 9.74 and a beta of 0.41. The company's 50 day simple moving average is $57.81 and its 200-day simple moving average is $57.44.

About Alaska Power & Telephone

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.

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