Free Trial

Allot Communications (NASDAQ:ALLT) Share Price Crosses Above 200 Day Moving Average - Here's Why

Allot Communications logo with Business Services background

Shares of Allot Communications Ltd (NASDAQ:ALLT - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.23 and traded as high as $5.21. Allot Communications shares last traded at $5.01, with a volume of 554,416 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Allot Communications from a "hold" rating to a "buy" rating in a report on Wednesday, November 20th.

Get Our Latest Stock Report on Allot Communications

Allot Communications Trading Up 2.0 %

The company has a debt-to-equity ratio of 0.83, a current ratio of 2.32 and a quick ratio of 2.06. The firm has a market cap of $192.59 million, a P/E ratio of -7.71 and a beta of 1.09. The stock has a 50 day moving average of $4.06 and a 200 day moving average of $3.25.

Allot Communications Company Profile

(Get Free Report)

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.

Recommended Stories

Should you invest $1,000 in Allot Communications right now?

Before you consider Allot Communications, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Allot Communications wasn't on the list.

While Allot Communications currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines