Weiss Ratings Reiterates "Sell (E+)" Rating for Alpha Technology Group (NASDAQ:ATGL)

Key Points

• Weiss Ratings has reiterated a "Sell (E+)" rating for Alpha Technology Group (NASDAQ: ATGL), signaling a negative outlook for the stock.
• Alpha Technology Group's shares increased by 0.2% to $23.21, but remain significantly lower than their 12-month high of $57.32.
• The company specializes in cloud-based IT services, including customer relationship management and enterprise resource planning software in Hong Kong.

Alpha Technology Group (NASDAQ:ATGL - Get Free Report)'s stock had its "sell (e+)" rating reissued by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Alpha Technology Group Stock Up 0.2%

Shares of ATGL traded up $0.04 during trading hours on Wednesday, reaching $23.21. The stock had a trading volume of 1,309 shares, compared to its average volume of 3,080. Alpha Technology Group has a 12 month low of $5.53 and a 12 month high of $57.32. The company's 50-day moving average is $26.07 and its two-hundred day moving average is $26.04.

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.

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