Altigen Communications (OTCMKTS:ATGN) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Altigen Communications, Inc. (OTCMKTS:ATGN) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.63 and traded as low as $0.53. Altigen Communications shares last traded at $0.54, with a volume of 12,300 shares.

Altigen Communications Price Performance

The stock’s fifty day moving average is $0.62 and its 200-day moving average is $0.63. The stock has a market cap of $13.96 million, a PE ratio of 9.00 and a beta of 1.25.

Altigen Communications (OTCMKTS:ATGN) last posted its earnings results on Thursday, February 27th. The technology company reported $0.01 EPS for the quarter. The company had revenue of $3.38 million for 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.