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

Shares of AltiGen Communications Inc. (OTCMKTS:ATGN) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.51 and traded as low as $0.4182. AltiGen Communications shares last traded at $0.4314, with a volume of 139,418 shares changing hands.

AltiGen Communications Stock Up 4.5%

The firm’s 50 day simple moving average is $0.46 and its 200 day simple moving average is $0.51. The company has a market capitalization of $11.16 million, a PE ratio of 21.58 and a beta of 0.99.

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.