Alpha Technology Group (NASDAQ:ATGL) Stock Price Down 5.7% – What’s Next?

Shares of Alpha Technology Group Limited (NASDAQ:ATGL) were down 5.7% during mid-day trading on Friday . The company traded as low as $15.80 and last traded at $15.80. Approximately 504 shares were traded during trading, a decline of 69% from the average daily volume of 1,652 shares. The stock had previously closed at $16.75.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Alpha Technology Group in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Alpha Technology Group currently has a consensus rating of “Sell”.

Alpha Technology Group Trading Down 5.7%

The company has a 50-day moving average price of $24.92 and a two-hundred day moving average price of $24.40.

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.