Research analysts at StockNews.com initiated coverage on shares of Allot Communications (NASDAQ:ALLT – Get Free Report) in a research report issued on Wednesday. The brokerage set a “sell” rating on the communications equipment provider’s stock.
Allot Communications Trading Down 1.3 %
Shares of NASDAQ ALLT opened at $2.27 on Wednesday. Allot Communications has a 52-week low of $1.19 and a 52-week high of $3.34. The company has a quick ratio of 1.99, a current ratio of 2.29 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $87.12 million, a P/E ratio of -1.38 and a beta of 1.02. The stock’s 50 day moving average price is $2.07 and its two-hundred day moving average price is $1.82.
Allot Communications (NASDAQ:ALLT – Get Free Report) last released its earnings results 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). Allot Communications had a negative net margin of 67.42% and a negative return on equity of 87.18%. The business had revenue of $24.34 million for the quarter, compared to the consensus estimate of $22.40 million. On average, analysts anticipate that Allot Communications will post -0.44 earnings per share for the current fiscal year.
Institutional Trading of 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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