ATGL Stock Summary and Trading Ideas (Alpha Technology Group Limited - | NASDAQ:ATGL)

Alpha Technology Group Ltd operates through its subsidiaries, which are established cloud-based IT solution service providers in Hong Kong. Its Operating Subsidiaries utilize its analytic skills, programming skills, artificial intelligence technologies and technological know-how to provide comprehensive solutions designed to optimize the business performance of customers, meet various industry-specific operational challenges of customers and create new business opportunities for customers. The Operating Subsidiaries provide services for customers from a variety of industries, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, etc.

Alpha Technology Group Limited - trades on the NASDAQ stock market under the symbol ATGL.

As of January 27, 2025, ATGL stock price declined to $15.76 with 18,921 million shares trading.

ATGL has a beta of 0.29, meaning it tends to be less sensitive to market movements. ATGL has a correlation of 0.00 to the broad based SPY ETF.

ATGL has a market cap of $259.49 million. This is considered a Small Cap stock.

ATGL has underperformed the market in the last year with a return of +21.8%, while SPY returned +24.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ATGL shares. However, ATGL has outperformed the market in the last 3 month and 2 week periods, returning +51.0% and +8.3%, while SPY returned +3.9% and +3.1%, respectively. This indicates ATGL has been having a stronger performance recently.

ATGL support price is $14.49 and resistance is $17.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ATGL shares will trade within this expected range on the day.