Alstom (OTCMKTS:ALSMY) Sets New 52-Week Low – Here’s What Happened

Shares of Alstom ADR (OTCMKTS:ALSMY) hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as $1.13 and last traded at $1.14, with a volume of 4,059 shares. The stock had previously closed at $1.13.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Citigroup cut shares of Alstom from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 2nd. DZ Bank downgraded shares of Alstom from a “strong-buy” rating to a “hold” rating in a report on Friday. Four investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Alstom has an average rating of “Reduce”.

Alstom Price Performance

The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.73 and a current ratio of 0.94. The firm has a 50 day simple moving average of $1.67 and a 200-day simple moving average of $2.14.

Alstom Company Profile

Alstom is a French company that designs, manufactures, and services rail transportation systems. Its products include high-speed and regional trains, metros, tramways, and locomotives, as well as components and onboard systems for rail vehicles.

The company also provides rail infrastructure and technology, including signaling, train control, and electrification systems. Its services include maintenance, modernization, and support for rail fleets and infrastructure, as well as turnkey solutions for rail networks.

Alstom serves rail operators and public transport authorities in markets around the world.