AltiGen Communications Inc. (OTCMKTS:ATGN) Sees Large Decrease in Short Interest

AltiGen Communications Inc. (OTCMKTS:ATGN) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 100 shares, a drop of 98.1% from the November 30th total of 5,345 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 30,065 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 30,065 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

AltiGen Communications Stock Up 1.1%

OTCMKTS ATGN opened at $0.47 on Friday. AltiGen Communications has a fifty-two week low of $0.33 and a fifty-two week high of $0.75. The business has a 50 day moving average price of $0.57 and a two-hundred day moving average price of $0.60. The stock has a market cap of $12.08 million, a PE ratio of 23.38 and a beta of 1.08.

AltiGen Communications (OTCMKTS:ATGN) last posted its earnings results on Thursday, December 18th. The technology company reported $0.01 EPS for the quarter. The business had revenue of $3.47 million for the quarter. AltiGen Communications had a net margin of 5.33% and a return on equity of 7.07%.

AltiGen Communications Company Profile

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.