AltiGen Communications (OTCMKTS:ATGN) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

AltiGen Communications Inc. (OTCMKTS:ATGN) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.47 and traded as low as $0.45. AltiGen Communications shares last traded at $0.4954, with a volume of 2,501 shares trading hands.

AltiGen Communications Stock Up 5.4%

The company has a market capitalization of $12.82 million, a P/E ratio of 24.78 and a beta of 0.99. The company’s 50-day simple moving average is $0.46 and its 200 day simple moving average is $0.47.

AltiGen Communications (OTCMKTS:ATGN) last released its quarterly earnings data on Thursday, May 7th. The technology company reported $0.02 earnings per share (EPS) for the quarter. AltiGen Communications had a net margin of 5.02% and a return on equity of 7.81%.

About AltiGen Communications

AltiGen Communications, Inc is a provider of voice-over-IP (VoIP) telephony and unified communications solutions designed primarily for small and medium-sized businesses. The company offers a range of IP-based PBX systems, contact center applications and unified messaging products that enable organizations to streamline inbound and outbound voice traffic, automate call routing and integrate voice mail, e-mail and conferencing functions into a single platform.

Founded in the mid-1990s and headquartered in California, AltiGen develops both hardware appliances and software modules that support analog, digital and SIP-based telephony endpoints.