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Allot (ALLT) in Focus: Stock Moves 11% Higher

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Allot Ltd. ALLT was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up 35% in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Allot currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Allot Communications Ltd. Price

A better-ranked stock in the Computer – Networking industry is Radcom Ltd. RDCM, holding a Zacks Rank #2. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

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