Stock Traders Purchase High Volume of Call Options on Allot Communications (NASDAQ:ALLT)

Allot Communications Ltd (NASDAQ:ALLT) saw some unusual options trading on Tuesday. Stock investors bought 2,240 call options on the company. This represents an increase of 280% compared to the typical volume of 590 call options.

Allot Communications Stock Performance

ALLT traded down $0.85 on Tuesday, hitting $7.02. The company had a trading volume of 1,948,497 shares, compared to its average volume of 1,387,479. Allot Communications has a 1-year low of $1.46 and a 1-year high of $8.15. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.32 and a quick ratio of 2.06. The company’s fifty day moving average price is $5.00 and its 200 day moving average price is $3.74. The stock has a market cap of $269.86 million, a price-to-earnings ratio of -10.80 and a beta of 1.00.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Allot Communications from a “hold” rating to a “buy” rating in a research report on Wednesday, November 20th.

Institutional Investors Weigh In On Allot Communications

A hedge fund recently raised its stake in Allot Communications stock. FNY Investment Advisers LLC raised its stake in Allot Communications Ltd (NASDAQ:ALLT) by 345.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,537 shares of the communications equipment provider’s stock after acquiring an additional 26,778 shares during the period. FNY Investment Advisers LLC owned about 0.09% of Allot Communications worth $205,000 as of its most recent SEC filing. 51.50% of the stock is owned by hedge funds and other institutional investors.

Allot Communications Company Profile

Allot Communications Ltd. is a provider of leading innovative network intelligence and security solutions for service providers worldwide, enhancing value to their customers. Their solutions are deployed globally for network and application analytics, traffic control and shaping, network-based security services, and more.