Alstom (OTCMKTS:ALSMY) Sets New 12-Month High – Should You Buy?

Alstom ADR (OTCMKTS:ALSMY)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $3.3050 and last traded at $3.27, with a volume of 29925 shares trading hands. The stock had previously closed at $3.10.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on ALSMY shares. Kepler Capital Markets lowered Alstom from a “buy” rating to a “hold” rating in a research report on Monday, January 5th. Citigroup upgraded shares of Alstom from a “neutral” rating to a “buy” rating in a research note on Friday, December 5th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alstom in a research note on Tuesday, January 6th. Finally, Barclays reissued an “underweight” rating on shares of Alstom in a research report on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Alstom Trading Down 2.5%

The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.74 and a current ratio of 0.97. The company’s 50 day moving average is $2.86 and its 200 day moving average is $2.59.

Alstom Company Profile

Alstom is a global leader in the transportation sector, specializing in the design, manufacture and delivery of rail infrastructure, rolling stock and signaling systems. The company’s portfolio includes high-speed trains, regional and commuter trains, metros, trams and e-buses, as well as digital mobility solutions for railway networks. In addition to new equipment, Alstom offers a comprehensive suite of services ranging from maintenance and modernization to spare parts management and on-site support.

Founded in France with roots tracing back to the early 20th century, Alstom has evolved through a series of mergers and acquisitions to become one of the world’s largest rail transport equipment suppliers.