Alpha Technology Group Ltd (NASDAQ: ATGL) Increases 348.84% Over A Month, But Analysts Still See Upside Potential

Alpha Technology Group Ltd (NASDAQ:ATGL) currently has a daily average trading volume of 526.01K but it saw 1388049 shares traded in last market. With a market cap of 147.26M USD, the company’s current market price of $9.65 came rising about 52.45 while comparing to the previous closing price of $6.33. 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 $6.32 while lowest mark touched by it was $12.28.

Taking a look at 20-day trading activity of Alpha Technology Group Ltd (ATGL) gives us an average price of $6.35, while its current price level is -69.43% below from 52-week high level whereas it is 739.13% 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 $3.70 while that of 200 days or SMA-200 reads an average of $4.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 31.23% during that period while stretching the period over a month that decreases to 27.89%. 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 77.19 which implies that the stock is in overbought territory.

Over the week, ATGL’s stock price is moving 66.09% up while it is 348.84% when we observe its performance for the past one month. Year-to-date it is -24.02% 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’s beta reads 11.49. Stock has a price to book (P/B) ratio of 22.12 while price to sale or P/S ratio amounts to 125.86.