AltiGen Communications Inc. (OTCMKTS:ATGN – Get Free Report) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 100 shares, a decrease of 93.6% from the June 30th total of 1,563 shares. Based on an average daily trading volume, of 9,557 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.
AltiGen Communications Price Performance
ATGN remained flat at $0.47 during trading on Friday. 16,500 shares of the company’s stock were exchanged, compared to its average volume of 4,046. The firm has a fifty day moving average of $0.49 and a two-hundred day moving average of $0.46. AltiGen Communications has a 12-month low of $0.35 and a 12-month high of $0.72. The firm has a market cap of $12.16 million, a price-to-earnings ratio of 23.51 and a beta of 0.97.
AltiGen Communications (OTCMKTS:ATGN – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The technology company reported $0.02 earnings per share for the quarter. AltiGen Communications had a return on equity of 7.81% and a net margin of 5.02%.
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.
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