During the last session, Allot Ltd (NASDAQ:ALLT)’s traded shares were 0.57 million, with the beta value of the company hitting 1.20. At the end of the trading day, the stock’s price was $7.45, reflecting an intraday gain of 0.13% or $0.01. The 52-week high for the ALLT share is $9.44, that puts it down -26.71 from that peak though still a striking 77.05% gain since the share price plummeted to a 52-week low of $1.71. The company’s market capitalization is $286.39M, and the average intraday trading volume over the past 10 days was 0.97 million shares, and the average trade volume was 851.18K shares over the past three months.
Allot Ltd (ALLT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. ALLT has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
Allot Ltd (NASDAQ:ALLT) trade information
Allot Ltd (ALLT) registered a 0.13% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.13% in intraday trading to $7.45, hitting a weekly high. The stock’s 5-day price performance is -18.58%, and it has moved by 8.60% in 30 days. Based on these gigs, the overall price performance for the year is 290.05%. The short interest in Allot Ltd (NASDAQ:ALLT) is 0.41 million shares and it means that shorts have 0.37 day(s) to cover.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -39.92%. While earnings are projected to return 99.29% in 2025.
ALLT Dividends
Allot Ltd is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Allot Ltd (NASDAQ:ALLT)’s Major holders
Allot Ltd insiders own 1.16% of total outstanding shares while institutional holders control 62.92%, with the float percentage being 63.66%. LYNROCK LAKE LP is the largest shareholder of the company, while 63.0 institutions own stock in it. As of 2024-06-30, the company held over 8.77 million shares (or 22.6508% of all shares), a total value of $20.34 million in shares.
The next largest institutional holding, with 2.86 million shares, is of QVT FINANCIAL LP’s that is approximately 7.3806% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $6.63 million.
Also, the Mutual Funds coming in first place with the largest holdings of Allot Ltd (ALLT) shares are World Funds Tr-Philotimo Focused Growth & Income Fd and DFA Continental Small Company Series . Data provided on Sep 30, 2024 indicates that World Funds Tr-Philotimo Focused Growth & Income Fd owns about 699.82 shares. This amounts to just over 1.82 percent of the company’s overall shares, with a $5.21 million market value. The same data shows that the other fund manager holds slightly less at 185.69, or about 0.48% of the stock, which is worth about $1.38 million.
