Altigen Communications (OTCMKTS:ATGN) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Altigen Communications, Inc. (OTCMKTS:ATGNGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.63 and traded as low as $0.52. Altigen Communications shares last traded at $0.52, with a volume of 23,743 shares changing hands.

Altigen Communications Stock Performance

The business has a 50-day moving average of $0.61 and a 200 day moving average of $0.63. The stock has a market cap of $13.34 million, a PE ratio of 8.60 and a beta of 1.25.

Altigen Communications (OTCMKTS:ATGNGet Free Report) last issued its quarterly earnings results on Thursday, February 27th. The technology company reported $0.01 EPS for the quarter. The business had revenue of $3.38 million during the quarter. Altigen Communications had a net margin of 11.45% and a return on equity of 3.89%.

Altigen Communications Company Profile

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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.

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