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TheStreet Wire

Alaska Communications Systems Group Stock Gaps Down On Today's Open (ALSK)

By TheStreet Wire 12/22/11 - 09:54 AM EST

Find out if (ALSK) is in Cramer's Portfolio.

NEW YORK (TheStreet) -- Shares of Alaska Communications Systems Group (Nasdaq:ALSK) were gapping down Thursday morning with an open price 20.3% lower than Wednesday's closing price. The stock closed at $4.39 Wednesday and opened today's trading at $3.50.

The average volume for Alaska Communications Systems Group has been 959,000 shares per day over the past 30 days. Alaska Communications Systems Group has a market cap of $193 million and is part of the technology sector and telecommunications industry. Shares are down 60.5% year to date as of the close of trading on Wednesday.

Alaska Communications Systems Group, Inc., through its subsidiaries, provides integrated communications services in the State of Alaska. It operates in two segments, Wireline and Wireless.

TheStreet Ratings rates Alaska Communications Systems Group as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. You can view the full Alaska Communications Systems Group Ratings Report.

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