Allot Communications (NASDAQ:ALLT) Earns Sell Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Allot Communications (NASDAQ:ALLT) in a research note released on Friday morning. The firm issued a sell rating on the communications equipment provider’s stock.

Allot Communications Stock Performance

Shares of NASDAQ ALLT opened at $2.15 on Friday. The company has a market cap of $82.65 million, a PE ratio of -1.30 and a beta of 1.02. Allot Communications has a 12 month low of $1.19 and a 12 month high of $3.34. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.28 and a quick ratio of 1.98. The company has a 50-day simple moving average of $2.14 and a 200-day simple moving average of $1.82.

Allot Communications (NASDAQ:ALLT) last issued its quarterly earnings results on Thursday, February 15th. The communications equipment provider reported ($0.47) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.27). The firm had revenue of $24.34 million for the quarter, compared to analysts’ expectations of $22.40 million. Allot Communications had a negative return on equity of 87.18% and a negative net margin of 67.42%. On average, equities analysts anticipate that Allot Communications will post -0.44 earnings per share for the current year.

Allot Communications Company Profile

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.