AltiGen Communications Inc. (OTCMKTS:ATGN) Short Interest Down 80.3% in February

AltiGen Communications Inc. (OTCMKTS:ATGN) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 387 shares, a drop of 80.3% from the February 12th total of 1,968 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 36,273 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 36,273 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

AltiGen Communications Stock Performance

Shares of OTCMKTS:ATGN traded up $0.06 during trading on Tuesday, hitting $0.53. The company’s stock had a trading volume of 43,988 shares, compared to its average volume of 33,479. The company has a market capitalization of $13.64 million, a PE ratio of 26.36 and a beta of 1.04. AltiGen Communications has a fifty-two week low of $0.33 and a fifty-two week high of $0.72. The stock’s 50-day moving average price is $0.44 and its two-hundred day moving average price is $0.54.

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

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.