AltiGen Communications (OTCMKTS:ATGN) Shares Break Below 200-Day Moving Average – Here’s What Happened

AltiGen Communications Inc. (OTCMKTS:ATGN)’s stock price passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $0.47 and traded as low as $0.4280. AltiGen Communications shares last traded at $0.4280, with a volume of 2,000 shares changing hands.

AltiGen Communications Trading Down 0.7%

The company’s fifty day moving average price is $0.47 and its two-hundred day moving average price is $0.47. The firm has a market cap of $11.00 million, a P/E ratio of 21.26 and a beta of 1.10.

AltiGen Communications (OTCMKTS:ATGN) last announced its earnings results on Tuesday, August 11th. The technology company reported $0.01 earnings per share (EPS) for the quarter. AltiGen Communications had a net margin of 4.47% and a return on equity of 7.19%. The business had revenue of $3.02 million during the quarter.

About AltiGen Communications

AltiGen Communications, Inc develops and provides business communications and contact center technology. The company’s offerings are designed to help organizations manage voice communications, unified communications, customer interactions and collaboration across office, remote and mobile environments.

Its product portfolio has included MaxCS, an IP-based communications and contact center platform; MaxCloud, a hosted communications service; and related applications for automated call distribution, interactive voice response, mobility, conferencing, reporting and customer relationship management integration.