Press coverage about Allot Communications (NASDAQ:ALLT) has trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Allot Communications earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news articles about the communications equipment provider an impact score of 46.1698321964156 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Allot Communications (ALLT) traded up 0.94% during trading on Friday, hitting $5.39. The stock had a trading volume of 8,591 shares. The stock’s 50-day moving average price is $4.99 and its 200-day moving average price is $4.93. The company’s market cap is $178.95 million. Allot Communications has a one year low of $4.50 and a one year high of $5.67.
Allot Communications (NASDAQ:ALLT) last announced its earnings results on Tuesday, August 1st. The communications equipment provider reported ($0.10) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.02. The business had revenue of $19.52 million for the quarter, compared to the consensus estimate of $19.20 million. Allot Communications had a negative return on equity of 5.88% and a negative net margin of 14.06%. The company’s revenue was down 15.1% on a year-over-year basis. During the same period last year, the business posted $0.01 EPS. On average, equities research analysts forecast that Allot Communications will post ($0.24) EPS for the current fiscal year.
ALLT has been the subject of a number of analyst reports. Zacks Investment Research downgraded Allot Communications from a “hold” rating to a “sell” rating in a research report on Tuesday, August 15th. ValuEngine raised Allot Communications from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th. Finally, Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Allot Communications in a research report on Tuesday, August 1st.
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Allot Communications Company Profile
Allot Communications Ltd. (Allot) is a global provider of security and monetization solutions that enable mobile, fixed and enterprise service providers to protect and personalize the digital experience. The Company has a global and diverse customer base composed of mobile and fixed broadband service providers, cable operators, private networks, data centers, governments and enterprises, such as financial and educational institutions.
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