Alpha Technology Group (NASDAQ:ATGL) Shares Gap Down – Here’s What Happened

Alpha Technology Group Limited (NASDAQ:ATGL) shares gapped down prior to trading on Friday . The stock had previously closed at $33.27, but opened at $32.40. Alpha Technology Group shares last traded at $33.62, with a volume of 2,015 shares traded.

Alpha Technology Group Stock Up 2.9 %

The company has a quick ratio of 6.37, a current ratio of 6.37 and a debt-to-equity ratio of 0.01. The company has a fifty day moving average price of $28.18 and a two-hundred day moving average price of $17.47.

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 Alpha Technology Group Limited (NASDAQ:ATGL) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm 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 filing with the SEC.

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.