AltiGen Communications Inc. (OTCMKTS:ATGN) Short Interest Update

AltiGen Communications Inc. (OTCMKTS:ATGN) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 1,968 shares, a growth of 68.5% from the January 29th total of 1,168 shares. Based on an average daily volume of 124,090 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 124,090 shares, the days-to-cover ratio is presently 0.0 days.

AltiGen Communications Price Performance

Shares of OTCMKTS ATGN opened at $0.45 on Monday. AltiGen Communications has a 1-year low of $0.33 and a 1-year high of $0.72. The company has a market capitalization of $11.72 million, a price-to-earnings ratio of 22.66 and a beta of 1.04. The business has a 50-day moving average of $0.44 and a 200-day moving average of $0.55.

AltiGen Communications (OTCMKTS:ATGN) last released its quarterly earnings results on Thursday, December 18th. The technology company reported $0.01 earnings per share for the quarter. AltiGen Communications had a return on equity of 6.37% and a net margin of 5.51%.The firm had revenue of $3.47 million during the quarter.

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.