Cloud Capital Management LLC purchased a new position in shares of Allot Ltd. (NASDAQ:ALLT - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 79,302 shares of the communications equipment provider's stock, valued at approximately $452,000. Cloud Capital Management LLC owned about 0.20% of Allot as of its most recent SEC filing.
Allot Trading Up 0.9%
Shares of Allot stock opened at $8.60 on Friday. The stock has a market capitalization of $339.96 million, a P/E ratio of -85.99 and a beta of 1.36. Allot Ltd. has a 52-week low of $2.47 and a 52-week high of $9.92. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.27 and a current ratio of 2.49. The stock's 50-day simple moving average is $7.95 and its 200 day simple moving average is $7.01.
Analyst Ratings Changes
Separately, Wall Street Zen raised Allot from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd.
View Our Latest Research Report on Allot
Allot Company Profile
(
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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