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Alpha Technology Group (NASDAQ:ATGL) Trading 6.9% Higher - Still a Buy?

Alpha Technology Group logo with Business Services background

Alpha Technology Group Limited (NASDAQ:ATGL - Get Free Report)'s stock price shot up 6.9% on Thursday . The company traded as high as $43.68 and last traded at $42.00. 23,720 shares changed hands during trading, a decline of 4% from the average session volume of 24,638 shares. The stock had previously closed at $39.31.

Alpha Technology Group Stock Performance

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 stock's 50 day moving average price is $18.40 and its two-hundred day moving average price is $10.77.

Hedge Funds Weigh In On Alpha Technology Group

An institutional investor recently bought a new position in Alpha Technology Group stock. Citadel Advisors LLC bought a new stake in shares of Alpha Technology Group Limited (NASDAQ:ATGL - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 11,313 shares of the company's stock, valued at approximately $159,000. Citadel Advisors LLC owned approximately 0.07% of Alpha Technology Group at the end of the most recent quarter.

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.

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