Alpha Technology Group (NASDAQ:ATGL) Stock Price Up 11.9% – Still a Buy?

Alpha Technology Group Limited (NASDAQ:ATGL)’s stock price rose 11.9% on Tuesday . The stock traded as high as $34.00 and last traded at $32.91. Approximately 6,457 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 177,099 shares. The stock had previously closed at $29.41.

Alpha Technology Group Trading Up 3.4 %

The firm has a 50 day moving average of $22.89 and a two-hundred day moving average of $13.93. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.37 and a quick ratio of 6.37.

Institutional Trading of Alpha Technology Group

An institutional investor recently bought a new position in Alpha Technology Group stock. Citadel Advisors LLC purchased a new stake in shares of Alpha Technology Group Limited (NASDAQ:ATGL) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 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.

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.