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

Alpha Technology Group Limited (NASDAQ:ATGL) was up 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 mid-day 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 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 stock’s 50-day moving average price is $23.76 and its 200-day moving average price is $14.62.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Alpha Technology Group stock. Citadel Advisors LLC bought 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 bought 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.

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.