Allot Communications Ltd (NASDAQ:ALLT - Get Free Report) was the target of some unusual options trading on Thursday. Investors purchased 2,015 put options on the company. This is an increase of approximately 134% compared to the average volume of 861 put options.
Allot Communications Stock Performance
ALLT stock traded down $0.17 during trading hours on Monday, reaching $5.75. The stock had a trading volume of 762,542 shares, compared to its average volume of 1,049,676. Allot Communications has a fifty-two week low of $1.99 and a fifty-two week high of $9.44. The stock has a market capitalization of $221.04 million, a PE ratio of -8.85 and a beta of 1.05. The stock has a 50-day simple moving average of $7.29 and a 200 day simple moving average of $4.91. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.32 and a quick ratio of 2.06.
Allot Communications (NASDAQ:ALLT - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The communications equipment provider reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.07. The business had revenue of $24.91 million for the quarter, compared to analysts' expectations of $24.40 million. Allot Communications had a negative return on equity of 48.04% and a negative net margin of 26.69%. Analysts predict that Allot Communications will post -0.18 EPS for the current fiscal year.
Institutional Trading of Allot Communications
An institutional investor recently raised its position in Allot Communications stock. FNY Investment Advisers LLC increased its holdings in Allot Communications Ltd (NASDAQ:ALLT - Free Report) by 345.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,537 shares of the communications equipment provider's stock after buying an additional 26,778 shares during the period. FNY Investment Advisers LLC owned 0.09% of Allot Communications worth $205,000 as of its most recent filing with the Securities and Exchange Commission. 51.50% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of Allot Communications from a "buy" rating to a "hold" rating in a report on Thursday.
Read Our Latest Analysis on Allot Communications
About Allot Communications
(
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.
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