Alaska Communications Systems Group (ALSK) Earning Favorable News Coverage, Analysis Finds
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.
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.
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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