Altigen Communications (OTCMKTS:ATGN) Stock Passes Above 50-Day Moving Average – Time to Sell?

Shares of Altigen Communications, Inc. (OTCMKTS:ATGN) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.65 and traded as high as $0.75. Altigen Communications shares last traded at $0.73, with a volume of 28,394 shares trading hands.

Altigen Communications Trading Up 1.4 %

The business’s 50 day moving average is $0.65 and its 200 day moving average is $0.65. The stock has a market capitalization of $18.13 million, a PE ratio of -5.60 and a beta of 1.23.

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 negative net margin of 24.94% and a positive return on equity of 0.94%.

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.