Market Momentum: Allot Ltd (ALLT) Registers a 8.24 Increase, Closing at 6.83

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

Allot Ltd (NASDAQ: ALLT) closed the day trading at $6.83 up 8.24% from the previous closing price of $6.31. In other words, the price has increased by $8.24 from its previous closing price. On the day, 0.82 million shares were traded. ALLT stock price reached its highest trading level at $6.8878 during the session, while it also had its lowest trading level at $6.56.

Ratios:

For a better understanding of ALLT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 96.89. For the most recent quarter (mrq), Quick Ratio is recorded 2.27 and its Current Ratio is at 2.51. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.92.

BofA Securities Downgraded its Neutral to Underperform on February 17, 2022, whereas the target price for the stock was revised from $14 to $10.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 03 ’24 when Makov Efrat bought 8,000 shares for $4.64 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALLT now has a Market Capitalization of 268345920 and an Enterprise Value of 257440304. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.85 while its Price-to-Book (P/B) ratio in mrq is 5.48. Its current Enterprise Value per Revenue stands at 2.792 whereas that against EBITDA is 1231.772.

Stock Price History:

The Beta on a monthly basis for ALLT is 1.22, which has changed by 2.1767442 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, ALLT has reached a high of $9.44, while it has fallen to a 52-week low of $1.99. The 50-Day Moving Average of the stock is -3.93%, while the 200-Day Moving Average is calculated to be 55.80%.

Shares Statistics:

Over the past 3-months, ALLT traded about 921.12K shares per day on average, while over the past 10 days, ALLT traded about 554630 shares per day. A total of 38.44M shares are outstanding, with a floating share count of 28.50M. Insiders hold about 25.87% of the company’s shares, while institutions hold 60.54% stake in the company. Shares short for ALLT as of 1740700800 were 122114 with a Short Ratio of 0.13, compared to 1738281600 on 408620. Therefore, it implies a Short% of Shares Outstanding of 122114 and a Short% of Float of 0.42.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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