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

Shares of AltiGen Communications Inc. (OTCMKTS:ATGN) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.56 and traded as low as $0.4237. AltiGen Communications shares last traded at $0.4490, with a volume of 15,310 shares changing hands.

AltiGen Communications Trading Up 3.9%

The company’s 50 day moving average price is $0.47 and its two-hundred day moving average price is $0.56. The firm has a market cap of $11.62 million, a PE ratio of 22.46 and a beta of 1.04.

AltiGen Communications (OTCMKTS:ATGN) last announced its earnings results on Thursday, December 18th. The technology company reported $0.01 EPS for the quarter. The company had revenue of $3.47 million for the quarter. AltiGen Communications had a return on equity of 6.37% and a net margin of 5.51%.

About AltiGen Communications

AltiGen Communications, Inc is a provider of voice-over-IP (VoIP) telephony and unified communications solutions designed primarily for small and medium-sized businesses. The company offers a range of IP-based PBX systems, contact center applications and unified messaging products that enable organizations to streamline inbound and outbound voice traffic, automate call routing and integrate voice mail, e-mail and conferencing functions into a single platform.

Founded in the mid-1990s and headquartered in California, AltiGen develops both hardware appliances and software modules that support analog, digital and SIP-based telephony endpoints.