StockNews.com initiated coverage on shares of Allot Communications (NASDAQ:ALLT – Free Report) in a report published on Saturday. The brokerage issued a sell rating on the communications equipment provider’s stock.
Allot Communications Stock Performance
Allot Communications stock opened at $2.51 on Friday. The company has a market capitalization of $96.48 million, a price-to-earnings ratio of -1.77 and a beta of 1.05. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.43 and a quick ratio of 2.10. Allot Communications has a 12-month low of $1.19 and a 12-month high of $3.19. The firm’s fifty day moving average price is $2.16 and its 200 day moving average price is $2.00.
Allot Communications (NASDAQ:ALLT – Get Free Report) last announced its quarterly earnings data on Wednesday, May 29th. The communications equipment provider reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.10. The company had revenue of $21.89 million during the quarter, compared to analyst estimates of $19.10 million. Allot Communications had a negative net margin of 57.45% and a negative return on equity of 88.89%. On average, research analysts forecast that Allot Communications will post -0.23 EPS for the current fiscal year.
About Allot Communications
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.
Recommended Stories
- Five stocks we like better than Allot Communications
- Ride Out The Recession With These Dividend Kings
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- How to Evaluate a Stock Before Buying
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- What Makes a Stock a Good Dividend Stock?
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
Receive News & Ratings for Allot Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allot Communications and related companies with MarketBeat.com's FREE daily email newsletter.