Allot Communications Ltd (NASDAQ:ALLT – Get Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 33,700 shares, a decrease of 13.1% from the May 31st total of 38,800 shares. Based on an average daily trading volume, of 68,200 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are sold short.
Allot Communications Stock Performance
ALLT stock traded up $0.11 during trading on Tuesday, reaching $2.62. 122,264 shares of the company’s stock were exchanged, compared to its average volume of 72,270. The company has a quick ratio of 2.10, a current ratio of 2.43 and a debt-to-equity ratio of 0.83. Allot Communications has a 1-year low of $1.19 and a 1-year high of $3.19. The company’s fifty day moving average price is $2.16 and its 200-day moving average price is $2.00. The firm has a market cap of $100.72 million, a PE ratio of -1.85 and a beta of 1.05.
Allot Communications (NASDAQ:ALLT – Get Free Report) last announced its quarterly earnings results on Wednesday, May 29th. The communications equipment provider reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.10. Allot Communications had a negative return on equity of 88.89% and a negative net margin of 57.45%. The company had revenue of $21.89 million during the quarter, compared to analyst estimates of $19.10 million. On average, research analysts expect that Allot Communications will post -0.23 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Report on Allot Communications
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.
Featured Articles
- Five stocks we like better than Allot Communications
- Dividend Payout Ratio Calculator
- RXO Shares Surge Following New Acquisition Deal
- How to Calculate Stock Profit
- 3 Stock Dips Insiders Are Buying: Vestis, Shenandoah, Treace
- How to Read Stock Charts for Beginners
- Biotech Stock Breakout: IBB Eyes Resistance with Amgen and Vertex
Receive News & Ratings for Allot Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allot Communications and related companies with MarketBeat.com's FREE daily email newsletter.