AltiGen Communications Inc. (OTCMKTS:ATGN) Short Interest Update

AltiGen Communications Inc. (OTCMKTS:ATGN) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 521 shares, an increase of 421.0% from the December 31st total of 100 shares. Based on an average trading volume of 23,189 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 23,189 shares, the short-interest ratio is presently 0.0 days.

AltiGen Communications Stock Up 0.6%

AltiGen Communications stock opened at $0.43 on Friday. AltiGen Communications has a 52-week low of $0.33 and a 52-week high of $0.72. The firm has a market capitalization of $11.19 million, a price-to-earnings ratio of 21.64 and a beta of 1.05. The firm has a 50-day moving average price of $0.50 and a two-hundred day moving average price of $0.58.

AltiGen Communications (OTCMKTS:ATGN) last announced its quarterly earnings results on Thursday, December 18th. The technology company reported $0.01 EPS for the quarter. The company 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%.

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.