AltiGen Communications Inc. (OTCMKTS:ATGN) Short Interest Down 98.1% in December

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

AltiGen Communications Price Performance

AltiGen Communications stock traded up $0.01 during mid-day trading on Wednesday, hitting $0.47. 113,208 shares of the company were exchanged, compared to its average volume of 29,362. AltiGen Communications has a 12-month low of $0.33 and a 12-month high of $0.75. The company has a market capitalization of $12.08 million, a P/E ratio of 15.41 and a beta of 1.08. The business’s 50 day simple moving average is $0.58 and its two-hundred day simple moving average is $0.60.

AltiGen Communications (OTCMKTS:ATGN) last issued its quarterly earnings data on Thursday, December 18th. The technology company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $3.47 million for the quarter. AltiGen Communications had a return on equity of 7.13% and a net margin of 5.33%.

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.