Altigen Communications, Inc. (OTCMKTS:ATGN) Sees Significant Increase in Short Interest

Altigen Communications, Inc. (OTCMKTS:ATGN) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 2,100 shares, a growth of 2,000.0% from the February 13th total of 100 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 62,800 shares, the short-interest ratio is presently 0.0 days.

Altigen Communications Trading Down 3.3 %

Shares of ATGN traded down $0.02 during trading hours on Wednesday, reaching $0.59. The stock had a trading volume of 45,987 shares, compared to its average volume of 41,579. The firm has a 50-day simple moving average of $0.64 and a 200 day simple moving average of $0.64. The company has a market capitalization of $15.25 million, a price-to-earnings ratio of 9.83 and a beta of 1.25. Altigen Communications has a 12 month low of $0.42 and a 12 month high of $0.89.

Altigen Communications (OTCMKTS:ATGN) last issued its quarterly earnings data on Thursday, February 27th. The technology company reported $0.01 EPS for the quarter. The firm had revenue of $3.38 million during the quarter. Altigen Communications had a return on equity of 3.89% and a net margin of 11.45%.

Altigen Communications Company Profile

Altigen Communications, Inc designs, develops, markets, and supports integrated communications solutions worldwide. It provides MaxCS IP-PBX, a software-based phone system that provides customers with business communications solutions; MaxACD Voice Over Internet Protocol (VoIP) Contact Center, a software-based automatic call distribution engine, which offers call routing and call distribution options; MaxMobile that extends a set of business PBX functionality to smart phone devices; and MaxCommunicator, a Windows-based desktop application, which provides call control and visual voice mail management to the desktop.