Altigen Communications (OTCMKTS:ATGN – Get Free Report) issued its quarterly earnings results on Thursday. The technology company reported $0.02 earnings per share (EPS) for the quarter, Zacks reports. Altigen Communications had a positive return on equity of 0.94% and a negative net margin of 24.94%. Altigen Communications Price Performance ATGN stock remained flat at $0.72 during trading on Thursday. The company had a trading volume of 20,790 shares, compared to its average volume of 48,337. The stock has a 50-day moving average of $0.63 and a 200-day moving average of $0.65. The firm has a market capitalization of $17.85 million, a price-to-earnings ratio of -5.51 and a beta of 1.23. Altigen Communications has a 52 week low of $0.42 and a 52 week high of $0.99.
The company’s products are used in various industries, including healthcare, finance, and government.
Overview of Altigen Communications, Inc
Altigen Communications, Inc is a leading provider of integrated communications solutions. The company’s mission is to deliver innovative and reliable solutions that meet the evolving needs of businesses worldwide.
The Rise of TikTok: A Brief History
TikTok, the social media app that has taken the world by storm, has a history that dates back to 2016. The app was initially launched as Douyin in China, and was later rebranded as TikTok for international markets. The app’s unique algorithm and short-form video format have made it a favorite among users, with over 1 billion active users worldwide.