Moreover, the 36-month beta value for ALLT is 1.09. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The average price recommended by analysts for Allot Ltd (ALLT) is $3.00, which is $1.58 above the current market price. The public float for ALLT is 25.04M and currently, short sellers hold a 0.57% of that float. On November 17, 2023, ALLT’s average trading volume was 122.15K shares.
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ALLT) stock’s latest price update
Allot Ltd (NASDAQ: ALLT)’s stock price has dropped by -15.98 in relation to previous closing price of 1.69. Nevertheless, the company has seen a loss of -4.05% in its stock price over the last five trading days. Zacks Investment Research reported 2023-11-16 that Allot Communications (ALLT) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to loss of $0.28 per share a year ago.
ALLT’s Market Performance
Allot Ltd (ALLT) has seen a -4.05% fall in stock performance for the week, with a -32.70% decline in the past month and a -41.80% plunge in the past quarter. The volatility ratio for the week is 6.25%, and the volatility levels for the past 30 days are at 5.44% for ALLT. The simple moving average for the past 20 days is -17.08% for ALLT’s stock, with a -45.53% simple moving average for the past 200 days.
ALLT Trading at -28.71% from the 50-Day Moving Average
After a stumble in the market that brought ALLT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -67.24% of loss for the given period.
Volatility was left at 5.44%, however, over the last 30 days, the volatility rate increased by 6.25%, as shares sank -30.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.32% lower at present.
During the last 5 trading sessions, ALLT fell by -4.05%, which changed the moving average for the period of 200-days by -60.99% in comparison to the 20-day moving average, which settled at $1.6810. In addition, Allot Ltd saw -58.72% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ALLT
Current profitability levels for the company are sitting at:
- -30.36 for the present operating margin
- +66.90 for the gross margin
The net margin for Allot Ltd stands at -26.10. The total capital return value is set at -26.53, while invested capital returns managed to touch -23.24. Equity return is now at value -60.36, with -27.28 for asset returns.
Based on Allot Ltd (ALLT), the company’s capital structure generated 43.83 points at debt to equity in total, while total debt to capital is 30.47. Total debt to assets is 20.99, with long-term debt to equity ratio resting at 41.34. Finally, the long-term debt to capital ratio is 28.74.
When we switch over and look at the enterprise to sales, we see a ratio of 0.21, with the company’s debt to enterprise value settled at 0.52. The receivables turnover for the company is 3.03 and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.51.
Conclusion
To wrap up, the performance of Allot Ltd (ALLT) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.