Analysts at StockNews.com began coverage on shares of Allot Communications (NASDAQ:ALLT – Get Free Report) in a note issued to investors on Thursday. The firm set a “sell” rating on the communications equipment provider’s stock.
Allot Communications Stock Performance
Allot Communications stock opened at $2.08 on Thursday. The company has a market cap of $79.96 million, a PE ratio of -1.26 and a beta of 1.02. The company has a fifty day moving average price of $2.11 and a two-hundred day moving average price of $1.82. 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 12 month low of $1.19 and a 12 month high of $3.34.
Allot Communications (NASDAQ:ALLT – Get Free Report) last announced its quarterly earnings results on Thursday, February 15th. The communications equipment provider reported ($0.47) earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $24.34 million for the quarter, compared to analyst estimates of $22.40 million. Research analysts expect that Allot Communications will post -0.44 earnings per share for the current year.
Hedge Funds 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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