Allot Communications Ltd (NASDAQ:ALLT - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $5.10 and traded as high as $5.77. Allot Communications shares last traded at $5.65, with a volume of 437,107 shares.
Analyst Ratings Changes
Separately, StockNews.com cut Allot Communications from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th.
Read Our Latest Report on ALLT
Allot Communications Trading Up 0.2 %
The firm has a market capitalization of $249.44 million, a P/E ratio of -9.71 and a beta of 1.24. The business has a 50-day moving average price of $7.12 and a 200-day moving average price of $5.13. The company has a quick ratio of 2.06, a current ratio of 2.32 and a debt-to-equity ratio of 0.83.
Allot Communications (NASDAQ:ALLT - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The communications equipment provider reported $0.02 EPS for the quarter, topping analysts' consensus estimates of ($0.05) by $0.07. The company had revenue of $24.91 million during the quarter, compared to the consensus estimate of $24.40 million. Allot Communications had a negative net margin of 26.69% and a negative return on equity of 48.04%. Analysts anticipate that Allot Communications Ltd will post -0.18 earnings per share for the current year.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Allot Communications stock. FNY Investment Advisers LLC grew its position in Allot Communications Ltd (NASDAQ:ALLT - Free Report) by 345.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,537 shares of the communications equipment provider's stock after acquiring an additional 26,778 shares during the period. FNY Investment Advisers LLC owned 0.09% of Allot Communications worth $205,000 at the end of the most recent reporting period. 51.50% of the stock is currently owned by institutional investors and hedge funds.
About Allot Communications
(
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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.
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