Alstom ADR (OTCMKTS:ALSMY) Short Interest Up 87.0% in December

Alstom ADR (OTCMKTS:ALSMY) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 680,088 shares, an increase of 87.0% from the December 15th total of 363,636 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 722,126 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 722,126 shares, the short-interest ratio is presently 0.9 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on ALSMY shares. Kepler Capital Markets cut Alstom from a “buy” rating to a “hold” rating in a report on Monday, January 5th. Citigroup upgraded Alstom from a “neutral” rating to a “buy” rating in a research report on Friday, December 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alstom in a report on Tuesday, January 6th. Finally, Barclays restated an “underweight” rating on shares of Alstom in a research note on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Alstom Trading Up 0.3%

Alstom stock opened at $2.98 on Friday. The business’s fifty day moving average is $2.77 and its two-hundred day moving average is $2.54. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.97 and a quick ratio of 0.74. Alstom has a 52 week low of $1.80 and a 52 week high of $3.13.

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.