Allot Communications Sees Unusually High Options Volume (NASDAQ:ALLT)

Allot Communications Ltd (NASDAQ:ALLT) was the recipient of unusually large options trading on Wednesday. Stock traders purchased 4,400 call options on the company. This is an increase of approximately 1,315% compared to the typical daily volume of 311 call options.

Analysts Set New Price Targets

ALLT has been the topic of a number of analyst reports. Northland Securities raised Allot Communications from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $2.25 to $13.00 in a report on Monday, August 5th. StockNews.com lowered Allot Communications from a “buy” rating to a “hold” rating in a report on Tuesday, August 13th. Finally, Northland Capmk raised Allot Communications from a “hold” rating to a “strong-buy” rating in a report on Monday, August 5th.

Allot Communications Stock Down 1.5 %

Shares of NASDAQ ALLT opened at $3.19 on Thursday. The firm has a fifty day moving average of $2.97 and a 200-day moving average of $2.43. The company has a quick ratio of 2.10, a current ratio of 2.40 and a debt-to-equity ratio of 0.85. Allot Communications has a 52-week low of $1.19 and a 52-week high of $3.62. The stock has a market capitalization of $122.62 million, a PE ratio of -2.25 and a beta of 1.04.

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.