Alaska Communications Systems Group (ALSK) Receives News Sentiment Score of 0.30
News stories about Alaska Communications Systems Group (NASDAQ:ALSK) have been trending positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Alaska Communications Systems Group earned a media sentiment score of 0.30 on Accern’s scale. Accern also assigned headlines about the utilities provider an impact score of 44.6251813758168 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Alaska Communications Systems Group (NASDAQ:ALSK) traded up 1.81% during midday trading on Tuesday, hitting $2.25. The stock had a trading volume of 27,482 shares. The stock’s market cap is $117.97 million. Alaska Communications Systems Group has a 12 month low of $1.49 and a 12 month high of $2.61. The stock’s 50-day moving average is $2.22 and its 200-day moving average is $2.14.
Alaska Communications Systems Group (NASDAQ:ALSK) last announced its quarterly earnings results on Thursday, August 3rd. The utilities provider reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.07). The business had revenue of $58.50 million for the quarter, compared to the consensus estimate of $58.72 million. Alaska Communications Systems Group had a negative net margin of 0.65% and a negative return on equity of 0.01%. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.01 earnings per share.
Separately, TheStreet cut Alaska Communications Systems Group from a “c” rating to a “d+” rating in a research note on Monday, May 22nd.
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About Alaska Communications Systems Group
Alaska Communications Systems Group, Inc is a fiber broadband and managed information technology (IT) services provider. The Company is focused primarily on business and wholesale customers in and out of Alaska. The Company also provides telecommunication services to consumers across Alaska. The Company’s facilities-based communications network extends across Alaska and connects to the contiguous states through its undersea fiber optic cable systems and its usage rights on an undersea system.
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