The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Allot Ltd’s current trading price is -24.05% away from its 52-week high, while its distance from the 52-week low is 229.84%. The stock’s price range for this period has been between $2.48 and $10.77 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 0.8 million for the day, a number notably higher than the average daily volume of 0.61 million over the last three months.
Allot Ltd (ALLT) stock is currently valued at $8.18. During the last session, the stock experienced a remarkable rise, reaching $13.0 after opening at $8.18. The stock briefly dropped to $13.0 before ultimately closing at $8.66.
Allot Ltd ‘s stock market performance has been somewhat predictable.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Allot Ltd (ALLT) has experienced a quarterly rise of 37.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 366.01M and boasts a workforce of 495 employees.
Allot Ltd: What Analysts Are Saying
As of right now, 1 analyst is rating Allot Ltd as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.09, with a change in price of +1.41. Similarly, Allot Ltd recorded 618,035 in trading volume during the last 100 days, posting a change of +20.83%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ALLT stands at 0.92. Similarly, the long-term debt-to-equity ratio is also 0.90.
ALLT Stock Stochastic Average
As of today, Allot Ltd’s raw stochastic average for the last 50 days stands at 49.81%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 16.18%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 26.11% and 37.22%, respectively.
ALLT Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 202.96%. However, over the last six months, the performance has been weaker by 18.90%. The price of ALLT decreased -5.43% over the last 30 days. And in the last five days, it has fallen by -21.04%.
