Allot Communications (NASDAQ:ALLT) Earns Sell Rating from Analysts at StockNews.com

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

Allot Communications Stock Performance

Allot Communications stock opened at $2.15 on Friday. The stock has a market capitalization of $82.65 million, a price-to-earnings ratio of -1.30 and a beta of 1.02. Allot Communications has a 12-month low of $1.19 and a 12-month high of $3.34. The company has a quick ratio of 1.98, a current ratio of 2.28 and a debt-to-equity ratio of 0.80. The stock has a 50-day simple moving average of $2.14 and a 200 day simple moving average of $1.82.

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