Alpha Technology Group (NASDAQ:ATGL) Shares Up 9.1% - Here's What Happened

Alpha Technology Group Limited (NASDAQ:ATGL - Get Free Report) was up 9.1% during trading on Tuesday . The company traded as high as $32.40 and last traded at $35.50. Approximately 4,114 shares were traded during trading, a decline of 98% from the average daily volume of 178,159 shares. The stock had previously closed at $32.55.

Alpha Technology Group Stock Down 9.7 %

The company's 50-day moving average price is $24.82 and its 200-day moving average price is $15.20. The company has a current ratio of 6.37, a quick ratio of 6.37 and a debt-to-equity ratio of 0.01.

Institutional Investors Weigh In On Alpha Technology Group

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

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.