Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Allot Ltd (NASDAQ: ALLT) was $8.06 for the day, down -9.54% from the previous closing price of $8.91. In other words, the price has decreased by -$9.54 from its previous closing price. On the day, 1.28 million shares were traded. ALLT stock price reached its highest trading level at $8.86 during the session, while it also had its lowest trading level at $7.98.
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 316671776 and an Enterprise Value of 128972224. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.38 while its Price-to-Book (P/B) ratio in mrq is 6.47. 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 1.19, which has changed by 3.6894736 over the last 52 weeks, in comparison to a change of 0.21313763 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 $1.71. The 50-Day Moving Average of the stock is 22.21%, while the 200-Day Moving Average is calculated to be 111.59%.
Shares Statistics:
ALLT traded an average of 805.17K shares per day over the past three months and 793560 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 56.54% stake in the company. Shares short for ALLT as of 1730332800 were 28334 with a Short Ratio of 0.61, compared to 1727654400 on 46603. Therefore, it implies a Short% of Shares Outstanding of 28334 and a Short% of Float of 0.1.
