Alpha Technology Group (NASDAQ:ATGL) Trading 9.1% Higher – What’s Next?

Alpha Technology Group Limited (NASDAQ:ATGL) traded up 9.1% during mid-day trading on Tuesday . The stock traded as high as $32.40 and last traded at $35.50. 4,114 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 178,159 shares. The stock had previously closed at $32.55.

Alpha Technology Group Stock Up 1.8 %

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 firm’s 50-day moving average price is $23.76 and its 200 day moving average price is $14.62.

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 position in Alpha Technology Group Limited (NASDAQ:ATGL) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 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.

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.