Alpha Technology Group Limited (NASDAQ:ATGL - Get Free Report) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 51,400 shares, an increase of 26.9% from the March 15th total of 40,500 shares. Based on an average daily volume of 25,500 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.9% of the shares of the company are short sold.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Alpha Technology Group stock. Citadel Advisors LLC acquired a new stake in shares of Alpha Technology Group Limited (NASDAQ:ATGL - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,313 shares of the company's stock, valued at approximately $159,000. Citadel Advisors LLC owned about 0.07% of Alpha Technology Group as of its most recent filing with the Securities and Exchange Commission.
Alpha Technology Group Price Performance
ATGL traded up $1.73 on Thursday, reaching $29.26. The company had a trading volume of 6,203 shares, compared to its average volume of 175,721. Alpha Technology Group has a one year low of $1.15 and a one year high of $57.32. The company has a fifty day moving average of $29.74 and a 200-day moving average of $18.87. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.37 and a current ratio of 6.37.
Alpha Technology Group Company Profile
(
Get Free Report)
Alpha Technology Group Limited, through its subsidiaries, provides cloud-based information technology services in Hong Kong. The company primarily offers cloud-based and customized customer relationship management and enterprise resource planning systems; web and mobile application development services; artificial intelligence powered optical character recognition services; and technological support and maintenance, and other services, such as maintaining and enhancing services for systems.
Featured Articles
Before you consider Alpha Technology Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alpha Technology Group wasn't on the list.
While Alpha Technology Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
