Altigen Communications (OTCMKTS:ATGN) Shares Cross Above 200 Day Moving Average – What’s Next?

Shares of Altigen Communications, Inc. (OTCMKTS:ATGN) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.64 and traded as high as $0.66. Altigen Communications shares last traded at $0.64, with a volume of 6,325 shares changing hands.

Altigen Communications Stock Down 1.5 %

The firm has a market capitalization of $16.40 million, a PE ratio of 10.68 and a beta of 1.15. The company’s 50-day simple moving average is $0.67 and its 200 day simple moving average is $0.64.

Altigen Communications (OTCMKTS:ATGN) last released its quarterly earnings results on Thursday, December 12th. The technology company reported $0.02 EPS for the quarter. Altigen Communications had a net margin of 11.45% and a return on equity of 3.89%.

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.