Allot Communications (NASDAQ:ALLT) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Allot Communications (NASDAQ:ALLT) in a research report report published on Saturday morning. The brokerage issued a sell rating on the communications equipment provider’s stock.

Allot Communications Stock Performance

NASDAQ:ALLT opened at $2.32 on Friday. 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 firm has a market cap of $89.18 million, a price-to-earnings ratio of -1.63 and a beta of 1.04. The firm’s fifty day moving average price is $2.15 and its 200 day moving average price is $1.99. Allot Communications has a 1-year low of $1.19 and a 1-year high of $3.32.

Allot Communications (NASDAQ:ALLT) last issued its earnings results on Wednesday, May 29th. The communications equipment provider reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.10. The business had revenue of $21.89 million for the quarter, compared to the consensus estimate of $19.10 million. Allot Communications had a negative net margin of 57.45% and a negative return on equity of 88.89%. On average, sell-side analysts expect that Allot Communications will post -0.23 EPS for the current year.

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.