Allot Communications (NASDAQ:ALLT) Coverage Initiated at StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of Allot Communications (NASDAQ:ALLT) in a research report issued on Friday. The firm set a “sell” rating on the communications equipment provider’s stock.

Allot Communications Stock Performance

ALLT opened at $2.15 on Friday. The company has a current ratio of 2.28, a quick ratio of 1.98 and a debt-to-equity ratio of 0.80. The company’s fifty day moving average price is $2.14 and its two-hundred day moving average price is $1.82. Allot Communications has a 1-year low of $1.19 and a 1-year high of $3.34. The company has a market cap of $82.65 million, a price-to-earnings ratio of -1.30 and a beta of 1.02.

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