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

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

Allot Communications Stock Up 0.5 %

NASDAQ:ALLT opened at $2.15 on Friday. The company’s 50-day simple moving average is $2.13 and its 200-day simple moving average is $1.82. The stock has a market capitalization of $82.65 million, a P/E ratio of -1.30 and a beta of 1.02. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.98 and a current ratio of 2.28. Allot Communications has a fifty-two week low of $1.19 and a fifty-two week high of $3.34.

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