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Alpha Technology Group (NASDAQ:ATGL) Trading 13.2% Higher - Here's What Happened

Alpha Technology Group logo with Business Services background

Alpha Technology Group Limited (NASDAQ:ATGL - Get Free Report)'s share price shot up 13.2% during trading on Monday . The stock traded as high as $20.15 and last traded at $23.77. 2,372 shares traded hands during trading, a decline of 99% from the average session volume of 174,281 shares. The stock had previously closed at $21.00.

Alpha Technology Group Stock Up 16.0%

The firm's fifty day moving average price is $25.31 and its 200-day moving average price is $24.15.

Hedge Funds Weigh In On Alpha Technology Group

An institutional investor recently bought a new position in Alpha Technology Group stock. Citadel Advisors LLC acquired a new position in shares of Alpha Technology Group Limited (NASDAQ:ATGL - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 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 quarter.

Alpha Technology Group Company Profile

(Get Free Report)

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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