Altigen Communications, Inc. (OTCMKTS:ATGN) Sees Large Decrease in Short Interest

Altigen Communications, Inc. (OTCMKTS:ATGN) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,100 shares, a decline of 47.6% from the February 28th total of 2,100 shares. Based on an average daily trading volume, of 135,100 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Altigen Communications Stock Down 0.8 %

ATGN opened at $0.52 on Friday. The company’s 50-day moving average price is $0.61 and its 200 day moving average price is $0.63. Altigen Communications has a fifty-two week low of $0.42 and a fifty-two week high of $0.87. The firm has a market cap of $13.34 million, a price-to-earnings ratio of 8.60 and a beta of 1.25.

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

About Altigen Communications

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.