Allot Ltd (NASDAQ: ALLT) stock closed at $5.28 on 12/11/24 after a major increase of 11.2%. Moreover, this advance was accompanied by exceptionally high trading volume at 541% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 14.8% during the last week.
Current PriceTarget Research Rating
Allot has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Allot has a very low Appreciation Score of 10 but a very high Power Rating of 100, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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