Alpha Technology Group Limited’s (NASDAQ:ATGL) Lock-Up Period To Expire on April 29th

Alpha Technology Group’s (NASDAQ:ATGL) lock-up period is set to expire on Monday, April 29th. Alpha Technology Group had issued 1,750,000 shares in its initial public offering on October 31st. The total size of the offering was $7,000,000 based on an initial share price of $4.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

Alpha Technology Group Stock Performance

Shares of ATGL opened at $2.68 on Wednesday. Alpha Technology Group has a 52 week low of $1.70 and a 52 week high of $31.57. The business has a 50-day moving average of $4.20. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.05.

About Alpha Technology Group

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.