Alstom (OTCMKTS:ALSMY – Get Free Report) was downgraded by Citigroup from a “strong-buy” rating to a “hold” rating in a report released on Monday, Zacks reports.
Alstom Trading Down 6.3%
Shares of OTCMKTS ALSMY opened at $1.18 on Monday. Alstom has a fifty-two week low of $1.17 and a fifty-two week high of $3.51. The company has a 50 day simple moving average of $1.72 and a two-hundred day simple moving average of $2.18. The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.24.
Alstom Company Profile
Alstom is a France-based multinational company focused on rail transportation and mobility. Its business includes the design, manufacture, integration and maintenance of rolling stock, such as high-speed trains, regional and commuter trains, metros, trams and locomotives.
The company also provides railway signaling, control systems, infrastructure, digital mobility solutions and related services. These offerings support the operation, modernization and maintenance of rail networks, with projects serving public transit authorities, infrastructure operators and rail companies.
Alstom has roots in the French industrial group Alsthom, established in 1928, and adopted the Alstom name in the 1990s.
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