Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Alpha Technology Group Limited Market Cap
From what 0 stock analysts predict, the share price for Alpha Technology Group Limited (ATGL) might decrease by 100% in the next year. This is based on a 12-month average estimation for ATGL. Price targets go from $ to $. The majority of stock analysts believe ATGL is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
Alpha Technology Group Limited has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Alpha Technology Group Limited will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of ATGL.
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When did it IPO
N/A
Staff Count
23
Country
Hong Kong
Sector/Industry
Technology/Software—Infrastructure
CEO
Market Cap
$94.5M
In 2023, ATGL generated $8.7M in revenue, which was a increase of 96.55% from the previous year. This can be seen as a signal that ATGL's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 07 Oct 2024
Sentiment - NEUTRAL
Source - Newsfile Corp
Summary - Alpha Technology Group's President, Anthony Tsang, received the 18th World Outstanding Chinese Award for his leadership in finance and AI, enhancing the company's reputation in these sectors.
Why It Matters - Anthony Tsang's recognition enhances Alpha Technology Group's credibility and visibility in the AI sector, potentially boosting investor confidence and attracting interest in the company's future growth.
Thu, 01 Feb 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Alpha Technology Group (NASDAQ: ATGL) reported a 96.55% revenue increase for FY 2023, rising to HK$8.69 million (US$1.11 million) from HK$4.42 million in FY 2022.
Why It Matters - Alpha Technology Group's revenue surged 96.55% year-over-year, indicating strong growth in its cloud-based IT services, which may attract investor interest and boost stock performance.
Tue, 21 Nov 2023
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Alpha Technology Group (NASDAQ: ATGL) raised an additional $1.05 million by fully exercising its over-allotment option, totaling approximately $8.05 million from its IPO at $4.00 per share.
Why It Matters - Alpha Technology Group's successful IPO and the full exercise of the over-allotment option indicate strong investor demand, potentially boosting share price and market confidence.
Fri, 03 Nov 2023
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Alpha Technology Group Limited, an IT and cloud service provider from Hong Kong, has priced its IPO at $4 per share and began trading on Nasdaq under ticker "ATGL" on October 31, 2023.
Why It Matters - Alpha Technology Group's successful IPO and listing on Nasdaq signals strong investor confidence in AI solutions, potentially driving interest in tech investments and influencing market trends.
Sat, 04 Nov 2023
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Two IPOs are planned for the upcoming week, with potential late additions. As of 11/2/2023, the Renaissance IPO Index is up 23.5% YTD, outperforming the S&P 500's 14.0% gain.
Why It Matters - Upcoming IPOs may indicate market confidence, while the Renaissance IPO Index outperforming the S&P 500 signals strong investor interest in new listings, impacting future investment strategies.
Tue, 31 Oct 2023
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Alpha Technology Group Limited priced its IPO at $4.00 per share for 1,750,000 shares, raising $7 million. Shares will trade on Nasdaq under the ticker "ATGL" starting October 31, 2023.
Why It Matters - Alpha Technology's IPO pricing signals market confidence and potential growth, attracting investor interest in a cloud-based sector, particularly with its Nasdaq listing enhancing visibility and credibility.
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