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

Equities research analysts at StockNews.com began coverage on shares of Allot Communications (NASDAQ:ALLT) in a note issued to investors on Friday. The brokerage set a “sell” rating on the communications equipment provider’s stock.

Allot Communications Price Performance

Shares of Allot Communications stock opened at $2.14 on Friday. Allot Communications has a 52-week low of $1.19 and a 52-week high of $3.34. The stock has a market capitalization of $82.27 million, a price-to-earnings ratio of -1.30 and a beta of 1.02. The company has a fifty day moving average of $2.13 and a 200-day moving average of $1.82. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.98 and a current ratio of 2.28.

Allot Communications (NASDAQ:ALLT) last posted its quarterly earnings results on Thursday, February 15th. The communications equipment provider reported ($0.47) 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 firm had revenue of $24.34 million for the quarter, compared to the consensus estimate of $22.40 million. Equities research analysts expect that Allot Communications will post -0.44 EPS for the current 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.