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

Altigen Communications, Inc. (OTCMKTS:ATGN) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.63 and traded as low as $0.53. Altigen Communications shares last traded at $0.54, with a volume of 12,300 shares.

Altigen Communications Stock Performance

The company has a market cap of $13.96 million, a price-to-earnings ratio of 9.00 and a beta of 1.25. The business has a 50-day simple moving average of $0.62 and a 200-day simple moving average of $0.63.

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

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.