StockNews.com Initiates Coverage on Allot Communications (NASDAQ:ALLT)

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

Allot Communications Price Performance

Allot Communications stock opened at $2.11 on Friday. The business has a 50 day simple moving average of $2.13 and a 200 day simple moving average of $1.94. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.43 and a quick ratio of 2.10. The company has a market capitalization of $81.11 million, a PE ratio of -1.49 and a beta of 1.04. Allot Communications has a one year low of $1.19 and a one year high of $3.34.

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.