Allot Communications (NASDAQ:ALLT) Now Covered by StockNews.com

StockNews.com began coverage on shares of Allot Communications (NASDAQ:ALLT) in a research report report published on Saturday morning. The brokerage issued a sell rating on the communications equipment provider’s stock.

Allot Communications Stock Performance

Shares of ALLT stock opened at $2.08 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.28 and a quick ratio of 1.98. Allot Communications has a one year low of $1.19 and a one year high of $3.34. The business’s 50 day simple moving average is $2.17 and its 200 day simple moving average is $1.82. The stock has a market capitalization of $79.96 million, a PE ratio of -1.26 and a beta of 1.03.

Allot Communications (NASDAQ:ALLT) last issued its quarterly earnings data on Thursday, February 15th. The communications equipment provider reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.27). The business had revenue of $24.34 million for the quarter, compared to analysts’ expectations of $22.40 million. Allot Communications had a negative return on equity of 87.18% and a negative net margin of 67.42%. As a group, research analysts forecast that Allot Communications will post -0.44 earnings per share for the current year.

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.