Trading Day Review: Allot Ltd (ALLT) Loses Momentum, Closing at 4.74

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

The price of Allot Ltd (NASDAQ: ALLT) closed at $4.74 in the last session, down -4.05% from day before closing price of $4.94. In other words, the price has decreased by -$4.05 from its previous closing price. On the day, 0.8 million shares were traded. ALLT stock price reached its highest trading level at $5.05 during the session, while it also had its lowest trading level at $4.73.

Ratios:

We take a closer look at ALLT’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 186231280 and an Enterprise Value of 128972224. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.99 while its Price-to-Book (P/B) ratio in mrq is 3.80. Its current Enterprise Value per Revenue stands at 1.417 whereas that against EBITDA is -4.07.

Stock Price History:

Over the past 52 weeks, ALLT has reached a high of $5.50, while it has fallen to a 52-week low of $1.40. The 50-Day Moving Average of the stock is 20.08%, while the 200-Day Moving Average is calculated to be 63.15%.

Shares Statistics:

According to the various share statistics, ALLT traded on average about 271.41K shares per day over the past 3-months and 699300 shares per day over the past 10 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 55.99% stake in the company. Shares short for ALLT as of 1730332800 were 28334 with a Short Ratio of 0.22, compared to 1727654400 on 46603. Therefore, it implies a Short% of Shares Outstanding of 28334 and a Short% of Float of 0.1.

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