Allot Communications (NASDAQ:ALLT) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Allot Communications Ltd (NASDAQ:ALLT)’s stock price 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 changing hands.

Wall Street Analysts Forecast Growth

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

Allot Communications Stock Up 2.0 %

The stock has a fifty day moving average of $4.02 and a two-hundred day moving average of $3.23. 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 stock has a market cap of $192.59 million, a price-to-earnings ratio of -7.71 and a beta of 1.09.

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.