AltiGen Communications (OTCMKTS:ATGN) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Shares of AltiGen Communications Inc. (OTCMKTS:ATGN) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.59 and traded as low as $0.56. AltiGen Communications shares last traded at $0.57, with a volume of 33,015 shares changing hands.

AltiGen Communications Stock Performance

The company has a market cap of $14.67 million, a PE ratio of 6.31 and a beta of 1.16. The stock’s 50-day simple moving average is $0.53 and its 200 day simple moving average is $0.59.

AltiGen Communications (OTCMKTS:ATGN) last announced its quarterly earnings data on Tuesday, April 29th. The technology company reported $0.01 EPS for the quarter. The company had revenue of $3.50 million during the quarter. AltiGen Communications had a net margin of 18.10% and a return on equity of 9.08%.

AltiGen Communications Company Profile

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.