Alstom (OTCMKTS:ALSMY) Reaches New 12-Month Low – Time to Sell?

Alstom ADR (OTCMKTS:ALSMY) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $1.75 and last traded at $1.79, with a volume of 1978818 shares changing hands. The stock had previously closed at $1.79.

Wall Street Analyst Weigh In

ALSMY has been the subject of several research reports. Kepler Capital Markets raised Alstom from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft lowered Alstom from a “buy” rating to a “hold” rating in a research report on Friday, April 17th. Finally, Citigroup reaffirmed a “buy” rating on shares of Alstom in a report on Friday, April 17th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Alstom Stock Performance

The firm’s 50-day moving average price is $1.98 and its two-hundred day moving average price is $2.62. The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.24.

About Alstom

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.