Allot Communications (NASDAQ:ALLT) Shares Cross Above 200-Day Moving Average of $1.94

Allot Communications Ltd (NASDAQ:ALLT) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.94 and traded as high as $2.16. Allot Communications shares last traded at $2.11, with a volume of 175,445 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Allot Communications in a report on Friday. They issued a “sell” rating on the stock.

Allot Communications Price Performance

The stock has a market cap of $81.11 million, a price-to-earnings ratio of -1.49 and a beta of 1.04. The stock has a fifty day simple moving average of $2.13 and a 200-day simple moving average of $1.94. The company has a current ratio of 2.43, a quick ratio of 2.10 and a debt-to-equity ratio of 0.83.

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.