Alpha Technology Group (NASDAQ:ATGL) Shares Gap Up - Here's What Happened

Key Points

• Alpha Technology Group shares gapped up from a previous close of $32.00 to open at $34.75, and last traded at $33.90, reflecting a 3.6% increase.
• Citadel Advisors LLC recently acquired a new stake in Alpha Technology Group, purchasing 11,313 shares valued at approximately $159,000, which represents a 0.07% ownership as of the latest reporting period.
• The company specializes in cloud-based information technology services in Hong Kong, offering solutions including customer relationship management and mobile application development.

Alpha Technology Group Limited (NASDAQ:ATGL - ) shares gapped up prior to trading on Wednesday . The stock had previously closed at $32.00, but opened at $34.75. Alpha Technology Group shares last traded at $33.90, with a volume of 2,698 shares changing hands.

Alpha Technology Group Stock Up 3.6%

The business's 50 day moving average price is $22.69 and its two-hundred day moving average price is $26.14.

Institutional Investors Weigh In On Alpha Technology Group

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 - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 11,313 shares of the company's stock, valued at approximately $159,000. Citadel Advisors LLC owned 0.07% of Alpha Technology Group at the end of the most recent reporting period.

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.

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