AltiGen Communications (OTCMKTS:ATGN) Shares Pass Below 200-Day Moving Average – Time to Sell?

AltiGen Communications Inc. (OTCMKTS:ATGN) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.48 and traded as low as $0.48. AltiGen Communications shares last traded at $0.48, with a volume of 36,005 shares trading hands.

AltiGen Communications Price Performance

The stock has a market cap of $12.42 million, a P/E ratio of 24.01 and a beta of 0.96. The company has a fifty day moving average of $0.46 and a 200 day moving average of $0.48.

AltiGen Communications (OTCMKTS:ATGN) last announced its earnings results on Thursday, May 7th. The technology company reported $0.02 EPS for the quarter. AltiGen Communications had a return on equity of 7.81% and a net margin of 5.02%.

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.