It wasn't that long ago that the only high-speed thing about
Alaska was its annual
sled dog race, perhaps the most demanding race on earth run in
the dead zone of winter. Alaska, due to its cold temperatures and
roadless immensity, was one of the last states to be able to
embrace the Internet. As the temperature dips below freezing in
Anchorage so does the stock price of a truly Alaska-based
telecommunications company. If you have a $2 dollar bill, you
could buy a share and get change. The stock is down 31% over the
last 12 months.
52-week low screener
reveals that Alaska Communications Systems Group, Inc. (
) is at a 52-week low of $1.70 (high was $3.73). According to the
GuruFocus Value Screen for 52-week lows, ALSK is 54.4% off high
but nevertheless, is held by a couple of top billionaire
investors who hold just a handful of shares.
Discover which Gurus hold ALSK.
Headquartered in Anchorage, Alaska Communications competes with a
number of providers of high-speed wireless, mobile broadband,
Internet, local, and long-distance services. The company network
includes advanced broadband and voice networks and a diverse
undersea fiber optic system connecting Alaska to the contiguous
United States. With so much competition for coverage in new and
remote areas of the state, company revenues have fluctuated
dramatically for years.
Check here for Alaska Communications' fluctuations
in net income.
Alaska Communications Systems Group, Inc. (
) has a market cap of $74.2 million, a P/E of 4.6 and a P/S of
0.212. Stock price is down 12% since January. When GuruFocus
performed a financial and performance check up on the company, it
found one severe warning sign: Company revenue has been in
decline for the last five years. However, the checkup confirms
four good signs. The company has a high Piotroski F-Score of 7,
indicating a very healthy situation, and the company's operating
margin is expanding. The ALSK stock price ($1.62) is close to a
10-year low of $1.60, and the P/S ratio (0.2) is close to a
10-year low of 0.2.
Revenue per share history here:
ALSK data byGuruFocus.com
Check here for recent Alaska Communications insider traders.
Check out the GuruFocus special feature 52-week low screener.
This special feature helps you find the stocks hitting new
lows but are still held by top investor Gurus and Insiders. If
billionaire Gurus owns these stocks and are still increasing
their positions, it means that they believe the stocks are
undervalued. Researching these stocks may help you find deep
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