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

Alpha Technology Group Limited (NASDAQ:ATGL)’s stock price 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 trading hands.

Alpha Technology Group Trading Down 0.8 %

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 50 day moving average price of $28.52 and a 200 day moving average price of $17.69.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Alpha Technology Group stock. Citadel Advisors LLC purchased a new stake in Alpha Technology Group Limited (NASDAQ:ATGL) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 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.

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.