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

Research analysts at StockNews.com initiated coverage on shares of Allot Communications (NASDAQ:ALLT) in a research report issued on Saturday. The firm set a “sell” rating on the communications equipment provider’s stock.

Allot Communications Trading Up 1.8 %

Shares of NASDAQ:ALLT opened at $2.32 on Friday. The business’s 50-day moving average is $2.15 and its 200 day moving average is $1.98. Allot Communications has a 1 year low of $1.19 and a 1 year high of $3.32. The firm has a market capitalization of $89.18 million, a P/E ratio of -1.63 and a beta of 1.04. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.43 and a quick ratio of 2.10.

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