Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Allot Communications (ALLT) Stock Price
News stories about Allot Communications (NASDAQ:ALLT) have trended somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, 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 gave press coverage about the communications equipment provider an impact score of 47.8246783598599 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Allot Communications Ltd. is trading above its 50 day moving average : ALLT-US : November 10, 2017 (finance.yahoo.com)
- Allot Communications Announces Third Quarter 2017 Financial Results (finance.yahoo.com)
- Allot Communications reports 3Q loss (finance.yahoo.com)
- Allot Communications Ltd. to Host Earnings Call (finance.yahoo.com)
- Allot Communications Ltd. (ALLT) Issues Earnings Results (americanbankingnews.com)
Allot Communications (NASDAQ ALLT) traded up $0.12 during midday trading on Monday, hitting $5.39. The stock had a trading volume of 71,000 shares, compared to its average volume of 58,056. Allot Communications has a 52-week low of $4.50 and a 52-week high of $5.67.
Several equities research analysts have recently commented on ALLT shares. ValuEngine downgraded Allot Communications from a “hold” rating to a “sell” rating in a report on Thursday, October 5th. Zacks Investment Research upgraded Allot Communications from a “sell” rating to a “hold” rating in a report on Thursday, July 20th. Finally, Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Allot Communications in a report on Tuesday, August 1st.
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About Allot Communications
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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