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

Altigen Communications, Inc. (OTCMKTS:ATGN) 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 trading hands.

Altigen Communications Trading Down 0.8 %

The firm has a 50 day moving average price of $0.61 and a two-hundred day moving average price of $0.63. The firm has a market capitalization of $13.34 million, a price-to-earnings ratio of 8.60 and a beta of 1.25.

Altigen Communications (OTCMKTS:ATGN) last released its quarterly earnings data on Thursday, February 27th. The technology company reported $0.01 earnings per share (EPS) for the quarter. Altigen Communications had a net margin of 11.45% and a return on equity of 3.89%. The company had revenue of $3.38 million during the quarter.

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.