Allot Communications (NASDAQ:ALLT) Research Coverage Started at StockNews.com

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

Allot Communications Stock Up 5.8 %

ALLT stock opened at $2.20 on Friday. The company’s 50 day moving average is $2.17 and its 200 day moving average is $1.82. The stock has a market cap of $84.57 million, a price-to-earnings ratio of -1.33 and a beta of 1.03. The company has a current ratio of 2.28, a quick ratio of 1.98 and a debt-to-equity ratio of 0.80. Allot Communications has a 1-year low of $1.19 and a 1-year high of $3.34.

Allot Communications (NASDAQ:ALLT) last released its quarterly earnings results on Thursday, February 15th. The communications equipment provider reported ($0.47) EPS for the quarter, missing analysts’ consensus estimates 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 return on equity of 87.18% and a negative net margin of 67.42%. Sell-side analysts predict that Allot Communications will post -0.44 EPS for the current fiscal 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.