Alpha Technology Group (NASDAQ:ATGL) Issues Quarterly Earnings Results

Alpha Technology Group (NASDAQ:ATGL) announced its quarterly earnings data on Wednesday. The company reported ($0.04) EPS for the quarter, FiscalAI reports. The business had revenue of $0.29 million for the quarter.

Alpha Technology Group Stock Performance

Shares of ATGL stock opened at $5.13 on Friday. Alpha Technology Group has a fifty-two week low of $4.52 and a fifty-two week high of $50.00. The business has a fifty day simple moving average of $6.79 and a 200-day simple moving average of $11.43.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Alpha Technology Group in a report on Wednesday, July 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

About Alpha Technology Group

Alpha Technology Group Limited (NASDAQ: ATGL) is an information technology company that provides technology solutions and related services to business customers. The company focuses on helping organizations manage and modernize their IT environments through services that may include technology infrastructure, systems integration, cloud-related solutions and cybersecurity support.

Alpha Technology Group is based in Hong Kong and primarily serves customers in the Hong Kong market. The company is organized as a holding company incorporated in the Cayman Islands, with operating activities conducted through its subsidiaries.