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Alpha Technology Group (NASDAQ:ATGL) Sets New 52-Week High - Here's Why

Alpha Technology Group logo with Business Services background

Shares of Alpha Technology Group Limited (NASDAQ:ATGL - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $35.05 and last traded at $36.11, with a volume of 7367 shares. The stock had previously closed at $30.50.

Alpha Technology Group Stock Down 12.8 %

The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.37 and a current ratio of 6.37. The business has a 50-day moving average price of $17.89 and a two-hundred day moving average price of $10.51.

Institutional Investors Weigh In On Alpha Technology Group

A hedge fund recently bought a new stake in Alpha Technology Group stock. Citadel Advisors LLC bought a new position in shares of Alpha Technology Group Limited (NASDAQ:ATGL - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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 SEC filing.

About Alpha Technology Group

(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.

Further Reading

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