Altigen Communications (OTCMKTS:ATGN) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Altigen Communications, Inc. (OTCMKTS:ATGN)’s stock price crossed 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 firm has a market capitalization of $13.99 million, a P/E ratio of 9.02 and a beta of 1.25. The stock’s fifty day simple moving average is $0.62 and its 200 day simple moving average is $0.63.

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

About Altigen Communications

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.