Altigen Communications Inc. (OTCMKTS:ATGN) Stock Extends Fall: Down 15% In a Week

Altigen Communications Inc. (OTCMKTS:ATGN) down 15% in a week after the Microsoft ISV that creates Customer Experience as a Service (CXaaS) solutions announced the availability of CoreInteract Workgroup Insights.

Market Stats

On Thursday, ATGN stock moved down 3% to $1.13 with more than 23K shares, compared to its average volume of 83K shares. The stock moved within a range of $0.0199 – 0.0212 after opening trading at $0.0212.

Altigen Announces Workgroup Insights for CoreInteract

Workgroup Insights is a proprietary Microsoft Teams app that provides CoreInteract clients with real-time critical performance metrics in a graphical dashboard form. Interestingly, Workgroup Insights is a clear picture of the individual workgroup and departmental workgroups’ performance, independent of geographical location, for departmental supervisors and managers of medium to large business organizations. This application will benefit supervisors and managers in achieving maximum employee productivity and improving the service quality.

Chief Technology Officer Mark Allen said that Workgroup Insights is a string app for business line managers. Notably, the Workgroup Insights dashboard allows managers to measure, manage, and see employee performance. Allen added that trend analysis reports offer managers additional insights regarding employee performance with time. The focus is offering leading Unified Communication and Corroboration, adding real value to users of Microsoft Teams. So investors should watch ATGN.

Key Quote

“Workgroup Insights is a powerful application for line of business managers”, said Mark Allen, Altigen’s Chief Technology Officer. “In today’s work at home environment managing employee performance can be a formidable task. The Workgroup Insights real-time dashboard enables managers to see, measure and manage employee performance. Trend analysis reports provide managers with further insights into employee performance over time.”

Traders Corner

ATGN stock is trading below the 10-Day and 20-Day Moving averages of $1.23 and $1.25 respectively. Moreover, the stock is trading below the 200-Day moving average of $1.87.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.