Allot Communications (NASDAQ:ALLT) Now Covered by Analysts at StockNews.com

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

Allot Communications Price Performance

Shares of NASDAQ ALLT opened at $2.08 on Friday. The company has a 50 day simple moving average of $2.16 and a 200-day simple moving average of $1.82. The company has a market capitalization of $79.96 million, a P/E ratio of -1.26 and a beta of 1.03. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.28 and a quick ratio of 1.98. Allot Communications has a 1 year low of $1.19 and a 1 year high of $3.34.

Allot Communications (NASDAQ:ALLT) last announced its quarterly earnings results on Thursday, February 15th. The communications equipment provider reported ($0.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.27). The firm had revenue of $24.34 million for the quarter, compared to analyst estimates of $22.40 million. Allot Communications had a negative return on equity of 87.18% and a negative net margin of 67.42%. On average, equities research analysts predict that Allot Communications will post -0.44 earnings per share for the current 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.