Allot Communications Target of Unusually Large Options Trading (NASDAQ:ALLT)

Allot Communications Ltd (NASDAQ:ALLT) was the recipient of some unusual options trading on Wednesday. Stock investors acquired 3,130 call options on the company. This represents an increase of approximately 748% compared to the average daily volume of 369 call options.

Allot Communications Stock Performance

NASDAQ:ALLT traded up $0.14 during midday trading on Wednesday, reaching $4.89. 187,336 shares of the company traded hands, compared to its average volume of 127,886. The firm has a market capitalization of $187.98 million, a price-to-earnings ratio of -7.31 and a beta of 1.09. The company has a fifty day moving average price of $3.71 and a 200 day moving average price of $3.11. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.32 and a quick ratio of 2.06. Allot Communications has a twelve month low of $1.32 and a twelve month high of $5.00.

Analysts Set New Price Targets

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

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.