Alpha Technology Group Limited’s (NASDAQ:ATGL) Lock-Up Period Set To Expire on April 29th

Alpha Technology Group’s (NASDAQ:ATGL) lock-up period will end on Monday, April 29th. Alpha Technology Group had issued 1,750,000 shares in its public offering on October 31st. The total size of the offering was $7,000,000 based on an initial share price of $4.00. After the end of Alpha Technology Group’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Alpha Technology Group Stock Down 6.3 %

Shares of NASDAQ ATGL opened at $2.68 on Wednesday. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.05. Alpha Technology Group has a fifty-two week low of $1.70 and a fifty-two week high of $31.57. The company has a 50-day simple moving average of $4.20.

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.