Zacks Investment Research Downgrades ALSTOM (ALSMY) to Sell

ALSTOM (OTCMKTS:ALSMY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Monday.

According to Zacks, “Alstom SA develops and markets systems, equipment and services for the railway sector. Its product includes bogies, traction systems, electrification, track laying and urban integrated solution. It also offers services such as parts and repairs, maintenance, customisation, modernisation and support services. Alstom SA is headquartered in France. “

ALSTOM (OTCMKTS:ALSMY) remained flat at $2.83 on Monday. The stock had a trading volume of 34,423 shares. The firm has a 50-day moving average of $2.74 and a 200-day moving average of $2.69. ALSTOM has a 1-year low of $2.06 and a 1-year high of $2.88. The firm has a market cap of $6.20 billion and a price-to-earnings ratio of 2.10.

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