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

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

Allot Communications Stock Down 2.0 %

Shares of NASDAQ ALLT opened at $2.49 on Friday. The firm has a fifty day simple moving average of $2.22 and a two-hundred day simple moving average of $2.04. Allot Communications has a 12 month low of $1.19 and a 12 month high of $3.15. The company has a current ratio of 2.43, a quick ratio of 2.10 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $95.72 million, a PE ratio of -1.75 and a beta of 1.05.

Allot Communications (NASDAQ:ALLT) last released its quarterly earnings results on Wednesday, May 29th. The communications equipment provider reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.10. The company had revenue of $21.89 million during the quarter, compared to the consensus estimate of $19.10 million. Allot Communications had a negative net margin of 57.45% and a negative return on equity of 88.89%. Equities analysts expect that Allot Communications will post -0.23 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.