Alaska Communications Systems Group Inc. (ALSK) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.16 to $2.23 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Alaska Communications currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, some better-ranked electric utility stocks include Edison International (EIX), Exelon Corporation (EXC) and Northwestern Corporation (NWE). All these stocks carry a Zacks Rank #2 (Buy).
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ALASKA COMMUN SYS GRP INC (ALSK): Free Stock Analysis Report
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