Altigen Communications (OTCMKTS:ATGN) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Altigen Communications, Inc. (OTCMKTS:ATGN)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.70 and traded as low as $0.59. Altigen Communications shares last traded at $0.59, with a volume of 34,847 shares changing hands.

Altigen Communications Trading Down 0.4 %

The company has a market cap of $14.76 million, a P/E ratio of -4.23 and a beta of 1.25. The company has a 50 day moving average price of $0.61 and a 200-day moving average price of $0.70.

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