AltiGen Communications (OTCMKTS:ATGN) Posts Earnings Results

AltiGen Communications (OTCMKTS:ATGN) announced its quarterly earnings results on Thursday. The technology company reported $0.01 earnings per share (EPS) for the quarter, Zacks reports. AltiGen Communications had a return on equity of 8.98% and a net margin of 18.15%.

AltiGen Communications Stock Down 7.1%

Shares of ATGN stock traded down $0.05 during mid-day trading on Thursday, reaching $0.60. 11,880 shares of the stock traded hands, compared to its average volume of 39,278. The company has a market cap of $15.51 million, a price-to-earnings ratio of 6.67 and a beta of 1.08. The stock’s fifty day simple moving average is $0.59 and its two-hundred day simple moving average is $0.61. AltiGen Communications has a 1-year low of $0.33 and a 1-year high of $0.75.

AltiGen Communications Company Profile

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.