Short Interest in Allot Communications Ltd (NASDAQ:ALLT) Decreases By 10.8%

Allot Communications Ltd (NASDAQ:ALLT) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 49,500 shares, a decrease of 10.8% from the March 31st total of 55,500 shares. Based on an average daily volume of 54,400 shares, the short-interest ratio is currently 0.9 days. Currently, 0.2% of the company’s shares are sold short.

Allot Communications Trading Down 1.9 %

NASDAQ:ALLT opened at $2.11 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.28 and a quick ratio of 1.98. The business’s 50-day simple moving average is $2.14 and its 200-day simple moving average is $1.82. Allot Communications has a fifty-two week low of $1.19 and a fifty-two week high of $3.34. The stock has a market capitalization of $81.11 million, a PE ratio of -1.28 and a beta of 1.02.

Allot Communications (NASDAQ:ALLT) last announced its earnings results 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 company had revenue of $24.34 million for the quarter, compared to analyst estimates of $22.40 million. Allot Communications had a negative return on equity of 87.18% and a negative net margin of 67.42%. Sell-side analysts expect that Allot Communications will post -0.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Allot Communications in a research report on Friday. They set a “sell” rating on the stock.

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.