Allego (NYSE:ALLG – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $1.92, but opened at $1.77. Allego shares last traded at $1.85, with a volume of 257,914 shares traded.
Allego Price Performance
The stock’s 50-day simple moving average is $1.59 and its 200 day simple moving average is $1.21.
Institutional Trading of Allego
A hedge fund recently bought a new stake in Allego stock. XTX Topco Ltd purchased a new position in shares of Allego (NYSE:ALLG – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 26,425 shares of the company’s stock, valued at approximately $44,000.
About Allego
Allego N.V. operates as an electric vehicle (EV) charging company. The company offers charging solutions for electric cars, motors, buses, and trucks. It has a charging network with renewable energy and charging solutions for business-to-business customers, including leading retail and auto brands. The company has approximately 28,000 charging ports in Europe.
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