StockNews.com initiated coverage on shares of Allot Communications (NASDAQ:ALLT – Free Report) in a report published on Monday. The brokerage issued a sell rating on the communications equipment provider’s stock.
Allot Communications Trading Up 3.7 %
NASDAQ:ALLT opened at $2.25 on Monday. Allot Communications has a 12-month low of $1.19 and a 12-month high of $3.34. The firm has a market cap of $86.36 million, a PE ratio of -1.36 and a beta of 1.02. The company has a current ratio of 2.29, a quick ratio of 1.99 and a debt-to-equity ratio of 0.80. The stock has a fifty day moving average price of $1.98 and a 200 day moving average price of $1.82.
Allot Communications (NASDAQ:ALLT – Get Free Report) last posted its quarterly earnings results on Thursday, February 15th. The communications equipment provider reported ($0.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.27). Allot Communications had a negative net margin of 67.42% and a negative return on equity of 87.18%. The company had revenue of $24.34 million during the quarter, compared to analyst estimates of $22.40 million. Sell-side analysts anticipate that Allot Communications will post -0.44 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Allot Communications
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.
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