Press coverage about Alaska Communications Systems Group (NASDAQ:ALSK) has trended positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Alaska Communications Systems Group earned a media sentiment score of 0.37 on Accern’s scale. Accern also assigned news headlines about the utilities provider an impact score of 44.5732053428148 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Separately, TheStreet upgraded shares of Alaska Communications Systems Group from a “d+” rating to a “c-” rating in a research note on Friday, January 5th.

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Alaska Communications Systems Group (NASDAQ:ALSK) traded up $0.01 during midday trading on Wednesday, reaching $2.11. 133,211 shares of the company traded hands, compared to its average volume of 103,934. Alaska Communications Systems Group has a twelve month low of $1.76 and a twelve month high of $2.91. The company has a current ratio of 1.03, a quick ratio of 0.94 and a debt-to-equity ratio of 1.09. The firm has a market cap of $112.76, a P/E ratio of -105.50 and a beta of -0.13.

In related news, CEO Anand Vadapalli sold 10,000 shares of Alaska Communications Systems Group stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $2.72, for a total value of $27,200.00. Following the completion of the sale, the chief executive officer now owns 1,345,263 shares of the company’s stock, valued at approximately $3,659,115.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last three months, insiders sold 113,754 shares of company stock valued at $283,471. 6.53% of the stock is currently owned by insiders.

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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.

Insider Buying and Selling by Quarter for Alaska Communications Systems Group (NASDAQ:ALSK)

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