Altigen Communications, Inc. (OTCMKTS:ATGN) Short Interest Down 31.3% in December

Altigen Communications, Inc. (OTCMKTS:ATGN) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 12,300 shares, a decline of 31.3% from the November 30th total of 17,900 shares. Based on an average trading volume of 172,700 shares, the short-interest ratio is presently 0.1 days.

Altigen Communications Price Performance

Shares of ATGN opened at $0.73 on Monday. The firm’s 50 day moving average is $0.65 and its 200-day moving average is $0.64. Altigen Communications has a 12-month low of $0.42 and a 12-month high of $0.99. The stock has a market capitalization of $18.13 million, a P/E ratio of -5.60 and a beta of 1.23.

Altigen Communications (OTCMKTS:ATGN) last posted its quarterly earnings results on Thursday, December 12th. The technology company reported $0.02 earnings per share (EPS) for the quarter. Altigen Communications had a negative net margin of 24.94% and a positive return on equity of 0.94%.

About Altigen Communications

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.