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Alpha Technology Group (NASDAQ:ATGL) Shares Down 1.8% - Time to Sell?

Alpha Technology Group logo with Business Services background

Shares of Alpha Technology Group Limited (NASDAQ:ATGL - Get Free Report) dropped 1.8% during trading on Tuesday . The company traded as low as $21.80 and last traded at $21.58. Approximately 4,456 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 170,705 shares. The stock had previously closed at $21.97.

Alpha Technology Group Stock Down 0.5%

The stock's 50 day simple moving average is $24.23 and its 200 day simple moving average is $25.07.

Hedge Funds Weigh In On Alpha Technology Group

A hedge fund recently bought a new stake in Alpha Technology Group stock. Citadel Advisors LLC purchased a new position in Alpha Technology Group Limited (NASDAQ:ATGL - Free Report) in the fourth quarter, according to the company in 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 approximately 0.07% of Alpha Technology Group at the end of the most recent reporting period.

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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