Altigen Communications (OTCMKTS:ATGN) Stock Price Passes Below Two Hundred 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 Wednesday . The stock has a 200-day moving average of $0.64 and traded as low as $0.61. Altigen Communications shares last traded at $0.62, with a volume of 10,354 shares trading hands.

Altigen Communications Stock Down 4.6 %

The firm has a 50 day moving average of $0.68 and a two-hundred day moving average of $0.64. The firm has a market capitalization of $15.87 million, a price-to-earnings ratio of 10.33 and a beta of 1.15.

Altigen Communications (OTCMKTS:ATGN) last released its quarterly earnings data on Thursday, December 12th. The technology company reported $0.02 earnings per share for the quarter. Altigen Communications had a return on equity of 3.89% and a net margin of 11.45%.

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.