Alstom ADR (OTCMKTS:ALSMY) Short Interest Update

Alstom ADR (OTCMKTS:ALSMY) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 767,924 shares, an increase of 60.8% from the January 29th total of 477,536 shares. Based on an average daily volume of 971,246 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 971,246 shares, the days-to-cover ratio is currently 0.8 days.

Wall Street Analysts Forecast Growth

ALSMY has been the subject of several research reports. Kepler Capital Markets cut Alstom from a “buy” rating to a “hold” rating in a research note on Monday, January 5th. Citigroup upgraded shares of Alstom from a “neutral” rating to a “buy” rating in a research report on Friday, December 5th. Barclays reaffirmed an “underweight” rating on shares of Alstom in a research note on Wednesday, December 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alstom in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Alstom Stock Performance

Shares of ALSMY opened at $3.29 on Friday. The business’s 50-day moving average price is $3.14 and its 200 day moving average price is $2.74. 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 1-year low of $1.80 and a 1-year high of $3.51.

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.