Astea International Inc. (OTCMKTS:ATEA) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.87 and traded as high as $11.45. Astea International shares last traded at $11.44, with a volume of 8,382 shares changing hands.

Separately, ValuEngine downgraded Astea International from a “hold” rating to a “sell” rating in a report on Wednesday, October 9th.

The business has a fifty day moving average price of $5.83 and a 200 day moving average price of $5.87.

Astea International (OTCMKTS:ATEA) last released its quarterly earnings data on Tuesday, August 13th. The software maker reported ($0.20) EPS for the quarter. Astea International had a negative net margin of 2.22% and a negative return on equity of 6.86%. The business had revenue of $6.42 million during the quarter.

In other Astea International news, major shareholder David Kanen acquired 48,100 shares of the company’s stock in a transaction dated Wednesday, August 14th. The shares were acquired at an average price of $5.41 per share, for a total transaction of $260,221.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 57.50% of the company’s stock.

Astea International Company Profile (OTCMKTS:ATEA)

Astea International Inc develops, markets, and supports service management software solutions worldwide. It offers Astea Alliance, a service management software that addresses the service lifecycle applications, including lead generation, project quotation, service and billing, and asset retirement; and integrates and optimizes business processes for campaigns, call center, depot repair, field service, logistics, projects, and sales and order processing applications.

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