Published on 17 Feb 2024 on Simply Wall St. via Yahoo Finance
Is Now The Time To Look At Buying Allot Ltd. (NASDAQ:ALLT)?
Allot Ltd. (NASDAQ:ALLT), is not the largest company out there, but it saw a significant share price rise of 49% in the past couple of months on the NASDAQGS. While good news for shareholders, the company has traded much higher in the past year. Less-covered, small caps tend to present more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing. So, could the stock still be trading at a low price relative to its actual value? Today we will analyse the most recent data on Allot’s outlook and valuation to see if the opportunity still exists.
See our latest analysis for Allot
What Is Allot Worth?