Equities research 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 Price Performance
Allot Communications stock opened at $2.08 on Thursday. The stock has a market cap of $79.96 million, a price-to-earnings ratio of -1.26 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. Allot Communications has a 1 year low of $1.19 and a 1 year high of $3.34. The firm has a 50-day moving average of $2.11 and a two-hundred day moving average of $1.82.
Allot Communications (NASDAQ:ALLT – Get Free Report) last released its quarterly earnings data 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). The company had revenue of $24.34 million during the quarter, compared to analysts’ expectations of $22.40 million. Allot Communications had a negative net margin of 67.42% and a negative return on equity of 87.18%. On average, research analysts forecast that Allot Communications will post -0.44 earnings per share for the current year.
Institutional Inflows and Outflows
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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