Altigen Communications (OTCMKTS:ATGN) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Altigen Communications, Inc. (OTCMKTS:ATGN)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.61 and traded as low as $0.42. Altigen Communications shares last traded at $0.44, with a volume of 178,843 shares.

Altigen Communications Trading Up 3.0 %

The business has a fifty day moving average of $0.53 and a 200-day moving average of $0.61. The company has a market cap of $11.37 million, a PE ratio of 7.33 and a beta of 1.27.

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