Alpha Technology Group Stock Today
| ATGL Stock | 15.86 0.21 1.31% |
Performance22 of 100
| Odds Of DistressLess than 16
|
Alpha Technology is selling for 15.86 as of the 19th of December 2024. This is a 1.31 percent down since the beginning of the trading day. The stock's lowest day price was 14.5. Alpha Technology has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 20th of September 2024 and ending today, the 19th of December 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 31st of October 2023 | Category Technology | Classification Information Technology |
Alpha Technology is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 16.46 M outstanding shares of which 117.63 K shares are presently shorted by private and institutional investors with about 1.05 trading days to cover. More on Alpha Technology Group
Moving together with Alpha Stock
Moving against Alpha Stock
Alpha Stock Highlights
| President Director | Chun Tsang | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | IT Consulting & Other Services, Software - Infrastructure, Information Technology, NASDAQ Composite, NIFTY 100, NIFTY 200, Information Technology, IT Services, Software - Infrastructure, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Alpha Technology can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alpha Technology's financial leverage. It provides some insight into what part of Alpha Technology's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Alpha Technology Group (ATGL) is traded on NASDAQ Exchange in USA. It is located in 52 Hung To Road, Kwun Tong, Hong Kong and employs 23 people. Alpha Technology is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 261.1 M. Alpha Technology conducts business under IT Services sector and is part of Information Technology industry. The entity has 16.46 M outstanding shares of which 117.63 K shares are presently shorted by private and institutional investors with about 1.05 trading days to cover.
Alpha Technology generates positive cash flow from operations, but has no cash available
Check Alpha Technology Probability Of Bankruptcy
Ownership AllocationAlpha Technology holds a total of 16.46 Million outstanding shares. Alpha Technology Group shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.72 percent of Alpha Technology outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Alpha Ownership Details
Alpha Technology Historical Income Statement
Alpha Stock Against Markets
Already Invested in Alpha Technology Group?
The danger of trading Alpha Technology Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alpha Technology is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alpha Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alpha Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alpha Technology is a strong investment it is important to analyze Alpha Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alpha Technology's future performance. For an informed investment choice regarding Alpha Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alpha Technology. If investors know Alpha will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alpha Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.08) | Revenue Per Share 0.448 | Quarterly Revenue Growth 0.087 | Return On Assets (0.10) | Return On Equity (0.25) |
The market value of Alpha Technology is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Technology's value that differs from its market value or its book value, called intrinsic value, which is Alpha Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alpha Technology's market value can be influenced by many factors that don't directly affect Alpha Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alpha Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.