Alpha Technology Group Ltd (NASDAQ: ATGL) Now -88.34% Off Its High ($31.57), Does Analysts See Headwinds And Risks?

Alpha Technology Group Ltd (NASDAQ:ATGL) currently has a daily average trading volume of 91.48K but it saw 14210797 shares traded in last market. With a market cap of 56.16M USD, the company’s current market price of $3.68 came rising about 71.16 while comparing to the previous closing price of $2.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $31.57 and as low as $1.15. In the recent trading on the day, stock has struck highest price mark of $2.3501 while lowest mark touched by it was $3.8.

Taking a look at 20-day trading activity of Alpha Technology Group Ltd (ATGL) gives us an average price of $1.70, while its current price level is -88.34% below from 52-week high level whereas it is 220.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.50 while that of 200 days or SMA-200 reads an average of $5.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 37.08% during that period while stretching the period over a month that decreases to 20.33%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 76.75 which implies that the stock is in overbought territory.

Over the week, ATGL’s stock price is moving 189.76% up while it is 60.70% when we observe its performance for the past one month. Year-to-date it is -71.02% down and over the past year.

Currently, Alpha Technology Group Ltd’s total number of outstanding shares is 13.25M. Company’s return on investment (ROI) stands at -18.17%. Stock has a price to book (P/B) ratio of 8.43 while price to sale or P/S ratio amounts to 48.00.