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

StockNews.com assumed coverage on shares of Allot Communications (NASDAQ:ALLT) in a research report sent to investors on Sunday. The brokerage issued a sell rating on the communications equipment provider’s stock.

Allot Communications Price Performance

ALLT stock opened at $2.51 on Friday. Allot Communications has a 1 year low of $1.19 and a 1 year high of $3.15. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.10 and a current ratio of 2.43. The stock’s 50 day moving average price is $2.22 and its 200 day moving average price is $2.05. The firm has a market cap of $96.48 million, a P/E ratio of -1.77 and a beta of 1.05.

Allot Communications (NASDAQ:ALLT) last posted its earnings results on Wednesday, May 29th. The communications equipment provider reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.10. Allot Communications had a negative return on equity of 88.89% and a negative net margin of 57.45%. The firm had revenue of $21.89 million for the quarter, compared to analyst estimates of $19.10 million. On average, sell-side analysts expect that Allot Communications will post -0.23 earnings per share for the current fiscal year.

About Allot Communications

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.