FNY Investment Advisers LLC raised its holdings in Allot Communications Ltd (NASDAQ:ALLT – Free Report) by 345.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 34,537 shares of the communications equipment provider’s stock after buying an additional 26,778 shares during the quarter. FNY Investment Advisers LLC owned about 0.09% of Allot Communications worth $205,000 at the end of the most recent reporting period.
Allot Communications Trading Down 12.6 %
NASDAQ:ALLT opened at $6.88 on Wednesday. The company has a market capitalization of $264.48 million, a P/E ratio of -10.58 and a beta of 1.00. 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 Ltd has a 12 month low of $1.46 and a 12 month high of $8.15. The firm has a fifty day simple moving average of $5.00 and a 200-day simple moving average of $3.74.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Allot Communications from a “hold” rating to a “buy” rating in a research report on Wednesday, November 20th.
Allot Communications 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.
Read More
- Five stocks we like better than Allot Communications
- Consumer Staples Stocks, Explained
- The Fed Is More Likely to Hike Than Cut Rates in 2025
- 3 Monster Growth Stocks to Buy Now
- Investors Navigate Uncertainty by Seeking Refuge in Gold and Oil
- The 3 Best Retail Stocks to Shop for in August
- Archer Aviation Shares Slide, Now Bargain Priced for 2025
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.