Allot Communications Sees Unusually High Options Volume (NASDAQ:ALLT)

Allot Communications Ltd (NASDAQ:ALLT - Get Free Report) saw unusually large options trading activity on Tuesday. Stock investors acquired 2,240 call options on the company. This is an increase of 280% compared to the average daily volume of 590 call options.

Institutional Trading of Allot Communications

A hedge fund recently raised its stake in Allot Communications stock. FNY Investment Advisers LLC boosted its holdings in Allot Communications Ltd (NASDAQ:ALLT - Free Report) by 345.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 34,537 shares of the communications equipment provider's stock after buying an additional 26,778 shares during the quarter. FNY Investment Advisers LLC owned 0.09% of Allot Communications worth $205,000 as of its most recent SEC filing. 51.50% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Allot Communications Price Performance

Allot Communications stock traded down $0.99 during midday trading on Tuesday, hitting $6.88. The company's stock had a trading volume of 2,561,100 shares, compared to its average volume of 1,467,719. Allot Communications has a 12 month low of $1.46 and a 12 month high of $8.15. The company has a quick ratio of 2.06, a current ratio of 2.32 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $264.48 million, a PE ratio of -10.58 and a beta of 1.00. The stock's 50-day moving average price is $5.00 and its 200-day moving average price is $3.74.

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.