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Alpha Technology Group (NASDAQ:ATGL) Shares Gap Up - Should You Buy?

Alpha Technology Group logo with Business Services background
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Alpha Technology Group Limited (NASDAQ:ATGL - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $32.62, but opened at $34.78. Alpha Technology Group shares last traded at $33.51, with a volume of 9,302 shares trading hands.

Alpha Technology Group Price Performance

The company has a current ratio of 6.37, a quick ratio of 6.37 and a debt-to-equity ratio of 0.01. The stock's 50-day simple moving average is $23.42 and its 200 day simple moving average is $14.41.

Institutional Inflows and Outflows

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

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.

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