Alstom (OTCMKTS:ALSMY) Hits New 1-Year High – Should You Buy?

Alstom ADR (OTCMKTS:ALSMY)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $2.77 and last traded at $2.77, with a volume of 12618 shares traded. The stock had previously closed at $2.73.

Analysts Set New Price Targets

ALSMY has been the topic of several recent analyst reports. Barclays reaffirmed an “underweight” rating on shares of Alstom in a research note on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alstom in a research note on Friday, November 14th. Finally, Citigroup upgraded shares of Alstom from a “neutral” rating to a “buy” rating in a research report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Alstom Price Performance

The stock has a fifty day moving average of $2.55 and a two-hundred day moving average of $2.41. The company has a current ratio of 0.97, a quick ratio of 0.75 and a debt-to-equity ratio of 0.31.

Alstom Company Profile

Alstom SA provides solutions for rail transport industry in Europe, the Americas, Asia and Pacific, the Middle East, Central Asia, and Africa. The company offers rolling stock solutions comprising people movers and monorails, light rails, metros, commuter trains, regional trains, high-speed trains, and locomotives; asset optimization, cybersecurity, connectivity, digital passenger, and security and city mobility solutions; and signaling products, such as urban, mainline, and freight and mining signaling.