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

Analysts at StockNews.com assumed coverage on shares of Allot Communications (NASDAQ:ALLT) in a research note issued on Friday. The firm set a “sell” rating on the communications equipment provider’s stock.

Allot Communications Price Performance

Shares of NASDAQ:ALLT opened at $2.14 on Friday. The company has a market cap of $82.27 million, a price-to-earnings ratio of -1.30 and a beta of 1.02. 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 firm has a 50 day simple moving average of $2.13 and a 200 day simple moving average of $1.82. Allot Communications has a one year low of $1.19 and a one year high of $3.34.

Allot Communications (NASDAQ:ALLT) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $22.40 million. Allot Communications had a negative net margin of 67.42% and a negative return on equity of 87.18%. Research analysts predict 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.