Allot Communications (NASDAQ:ALLT) Shares Pass Above 200-Day Moving Average – Should You Sell?

Shares of Allot Communications Ltd (NASDAQ:ALLT) passed 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.

Analysts Set New Price Targets

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

Allot Communications Trading Up 2.0 %

The stock’s fifty day simple moving average is $4.06 and its two-hundred day simple moving average is $3.26. The firm has a market cap of $192.59 million, a PE ratio of -7.71 and a beta of 1.09. The company has a quick ratio of 2.06, a current ratio of 2.32 and a debt-to-equity ratio of 0.83.

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.