Allego (NYSE:ALLG – Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $1.92, but opened at $1.77. Allego shares last traded at $1.85, with a volume of 257,914 shares changing hands.
Allego Stock Performance
The stock’s 50-day moving average is $1.54 and its 200-day moving average is $1.20.
Hedge Funds Weigh In On Allego
A hedge fund recently bought a new stake in Allego stock. XTX Topco Ltd bought a new position in Allego (NYSE:ALLG – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 26,425 shares of the company’s stock, valued at approximately $44,000.
About Allego
Allego N.V. operates as an electric vehicle (EV) charging company. The company offers charging solutions for electric cars, motors, buses, and trucks. It has a charging network with renewable energy and charging solutions for business-to-business customers, including leading retail and auto brands. The company has approximately 28,000 charging ports in Europe.
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