Allot Communications (NASDAQ:ALLT) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Allot Communications Ltd (NASDAQ:ALLTGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.23 and traded as high as $5.21. Allot Communications shares last traded at $5.01, with a volume of 554,416 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Allot Communications from a “hold” rating to a “buy” rating in a research note on Wednesday, November 20th.

View Our Latest Research Report on ALLT

Allot Communications Stock Performance

The company has a market capitalization of $192.59 million, a price-to-earnings ratio of -7.71 and a beta of 1.09. The stock’s 50-day moving average price is $4.02 and its 200-day moving average price is $3.23. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.06 and a current ratio of 2.32.

Allot Communications Company Profile

(Get Free Report)

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.

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