Allego (NYSE:ALLG – Get Free Report)’s stock price was up 2.8% during trading on Tuesday . The company traded as high as $1.15 and last traded at $1.11. Approximately 64,327 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 385,536 shares. The stock had previously closed at $1.08.
Allego Price Performance
The business’s 50-day simple moving average is $1.02 and its 200 day simple moving average is $1.22.
Institutional Investors Weigh In On Allego
An institutional investor recently bought a new position in Allego stock. Barclays PLC acquired a new stake in shares of Allego (NYSE:ALLG – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 49,396 shares of the company’s stock, valued at approximately $110,000.
Allego Company Profile
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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