Allot Communications Ltd (NASDAQ:ALLT - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.45 and traded as high as $9.05. Allot Communications shares last traded at $8.94, with a volume of 322,047 shares traded.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Allot Communications from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd.
Check Out Our Latest Stock Report on ALLT
Allot Communications Stock Performance
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 firm has a 50 day moving average price of $6.70 and a 200 day moving average price of $6.45. The stock has a market cap of $353.41 million, a PE ratio of -13.75 and a beta of 1.38.
Institutional Trading of Allot Communications
An institutional investor recently bought a new position in Allot Communications stock. DCF Advisers LLC acquired a new position in shares of Allot Communications Ltd (NASDAQ:ALLT - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 24,238 shares of the communications equipment provider's stock, valued at approximately $138,000. DCF Advisers LLC owned approximately 0.06% of Allot Communications as of its most recent SEC filing. Hedge funds and other institutional investors own 51.50% of the company's stock.
Allot Communications Company Profile
(
Get Free Report)
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.
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