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

Alpha Technology Group Limited (NASDAQ:ATGL) rose 9.1% on Tuesday . The company traded as high as $32.40 and last traded at $35.50. Approximately 4,114 shares traded hands 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 Trading Down 0.4 %

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 business has a fifty day moving average of $24.38 and a two-hundred day moving average of $14.94.

Institutional Trading of Alpha Technology Group

A hedge fund recently bought a new stake in Alpha Technology Group stock. Citadel Advisors LLC acquired a new position in shares of Alpha Technology Group Limited (NASDAQ:ATGL) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 11,313 shares of the company’s stock, valued at approximately $159,000. Citadel Advisors LLC owned 0.07% of Alpha Technology Group as of its most recent SEC filing.

About Alpha Technology Group

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.