For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Allot Ltd (NASDAQ: ALLT) was $8.34 for the day, down -0.36% from the previous closing price of $8.37. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 0.62 million shares were traded. ALLT stock price reached its highest trading level at $8.78 during the session, while it also had its lowest trading level at $8.16.
Ratios:
Our analysis of ALLT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.06 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.95.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 327672768 and an Enterprise Value of 128972224. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.50 while its Price-to-Book (P/B) ratio in mrq is 6.69. Its current Enterprise Value per Revenue stands at 1.417 whereas that against EBITDA is -4.07.
Stock Price History:
The Beta on a monthly basis for ALLT is 1.07, which has changed by 3.6077347 over the last 52 weeks, in comparison to a change of 0.22208416 over the same period for the S&P500. Over the past 52 weeks, ALLT has reached a high of $8.74, while it has fallen to a 52-week low of $1.70. The 50-Day Moving Average of the stock is 40.33%, while the 200-Day Moving Average is calculated to be 133.33%.
Shares Statistics:
ALLT traded an average of 724.58K shares per day over the past three months and 809090 shares per day over the past ten days. 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 57.23% stake in the company. Shares short for ALLT as of 1730332800 were 28334 with a Short Ratio of 0.67, compared to 1727654400 on 46603. Therefore, it implies a Short% of Shares Outstanding of 28334 and a Short% of Float of 0.1.
