Stock Traders Buy Large Volume of Allot Communications Call Options (NASDAQ:ALLT)

Allot Communications Ltd (NASDAQ:ALLT) was the recipient of unusually large options trading on Tuesday. Stock traders bought 2,240 call options on the stock. This is an increase of 280% compared to the average volume of 590 call options.

Allot Communications Stock Performance

Allot Communications stock opened at $6.86 on Thursday. 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 12-month low of $1.46 and a 12-month high of $8.15. The firm’s fifty day moving average price is $5.14 and its 200 day moving average price is $3.79. The company has a market capitalization of $263.71 million, a price-to-earnings ratio of -10.55 and a beta of 1.00.

Institutional Investors Weigh In On Allot Communications

A hedge fund recently raised its stake in Allot Communications stock. FNY Investment Advisers LLC grew its position in shares of Allot Communications Ltd (NASDAQ:ALLT) by 345.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,537 shares of the communications equipment provider’s stock after buying an additional 26,778 shares during the period. FNY Investment Advisers LLC owned about 0.09% of Allot Communications worth $205,000 as of its most recent SEC filing. Institutional investors and hedge funds own 51.50% of the company’s stock.

Analyst Ratings Changes

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

Allot Communications Company Profile

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.