Allot Communications (NASDAQ:ALLT – Get Free Report) released its quarterly earnings data on Tuesday. The communications equipment provider reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.07, Zacks reports. Allot Communications had a negative net margin of 26.69% and a negative return on equity of 48.04%.
Allot Communications Trading Up 16.9 %
Shares of NASDAQ ALLT opened at $7.73 on Wednesday. The company has a market cap of $297.16 million, a price-to-earnings ratio of -11.89 and a beta of 1.05. The stock’s 50 day simple moving average is $7.22 and its 200 day simple moving average is $4.85. The company has a current ratio of 2.32, a quick ratio of 2.06 and a debt-to-equity ratio of 0.83. Allot Communications has a 12-month low of $1.78 and a 12-month high of $9.44.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised shares of Allot Communications from a “hold” rating to a “buy” rating in a research report on Saturday, February 15th.
About Allot Communications
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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