In a filing, Allot Ltd revealed its Director Makov Efrat acquired Company’s shares for reported $37120.0 on Dec 03 ’24. In the deal valued at $4.64 per share,8,000 shares were bought.
Northland Capital upgraded its Allot Ltd [ALLT] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Lake Street’s analysts, who decreased its forecast for the stock in mid May from “a Buy” to “a Hold”. BofA Securities also remained covering ALLT and has decreased its forecast on February 17, 2022 with a “an Underperform” recommendation from previously “Neutral” rating. Northland Capital started covering the stock on December 08, 2021. It rated ALLT as “an Outperform”.
Price Performance Review of ALLT
On Monday, Allot Ltd [NASDAQ:ALLT] saw its stock jump 24.13% to $7.87. Over the last five days, the stock has gained 33.84%. Allot Ltd shares have risen nearly 32.27% since the year began. Nevertheless, the stocks have risen 272.99% over the past one year. While a 52-week high of $9.44 was reached on 02/07/25, a 52-week low of $2.02 was recorded on 04/07/25. SMA at 50 days reached $5.78, while 200 days put it at $4.95.
Levels Of Support And Resistance For ALLT Stock
The 24-hour chart illustrates a support level at 7.00, which if violated will result in even more drops to 6.13. On the upside, there is a resistance level at 8.43. A further resistance level may holdings at 8.99. The Relative Strength Index (RSI) on the 14-day chart is 73.07, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.13%. Stochastics %K at 89.65% indicates the stock is a selling.
