Allot Communications (NASDAQ:ALLT) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Allot Communications (NASDAQ:ALLT) in a research note released on Friday morning. The firm issued a sell rating on the communications equipment provider’s stock.

Allot Communications Stock Up 0.5 %

Shares of NASDAQ:ALLT opened at $2.15 on Friday. The firm’s 50-day moving average is $2.13 and its two-hundred day moving average is $1.82. 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. The firm has a market capitalization of $82.65 million, a PE ratio of -1.30 and a beta of 1.02.

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