Altigen Communications (OTCMKTS:ATGN) Share Price Passes Below Two Hundred Day Moving Average of $0.73

Altigen Communications, Inc. (OTCMKTS:ATGN)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.73 and traded as low as $0.61. Altigen Communications shares last traded at $0.61, with a volume of 8,675 shares trading hands.

Altigen Communications Stock Performance

The company’s 50 day moving average price is $0.65 and its 200-day moving average price is $0.73. The company has a market cap of $15.20 million, a PE ratio of -4.36 and a beta of 1.26.

Altigen Communications (OTCMKTS:ATGN) last posted its quarterly earnings results on Thursday, August 1st. The technology company reported $0.01 earnings per share for the quarter. Altigen Communications had a positive return on equity of 0.93% and a negative net margin of 24.94%. The company had revenue of $3.28 million during the quarter.

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.