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

NEW YORK ( TheStreet) -- Shares of Alaska Communications Systems Group (Nasdaq: ALSK) were gapping down Wednesday morning with an open price 15.9% lower than Tuesday's closing price. The stock closed at $7.38 Tuesday and opened today's trading at $6.21.

The average volume for Alaska Communications Systems Group has been 765,900 shares per day over the past 30 days. Alaska Communications Systems Group has a market cap of $348.1 million and is part of the technology sector and telecommunications industry. Shares are down 30.6% year to date as of the close of trading on Tuesday.

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. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Alaska Communications Systems Group Ratings Report.

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