Allot Communications (NASDAQ:ALLT) Coverage Initiated at StockNews.com

Analysts at StockNews.com began coverage on shares of Allot Communications (NASDAQ:ALLT) in a research note issued on Saturday. The firm set a “sell” rating on the communications equipment provider’s stock.

Allot Communications Price Performance

Shares of ALLT opened at $2.08 on Friday. The company has a quick ratio of 1.98, a current ratio of 2.28 and a debt-to-equity ratio of 0.80. The company has a 50-day moving average price of $2.16 and a two-hundred day moving average price of $1.82. The stock has a market cap of $79.96 million, a price-to-earnings ratio of -1.26 and a beta of 1.03. Allot Communications has a 12 month low of $1.19 and a 12 month high of $3.34.

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