Alstom (OTCMKTS:ALSMY) Hits New 52-Week Low – Time to Sell?

Shares of Alstom ADR (OTCMKTS:ALSMY) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $1.84 and last traded at $1.8550, with a volume of 413337 shares. The stock had previously closed at $1.89.

Analyst Ratings Changes

Several research analysts recently commented on ALSMY shares. Kepler Capital Markets raised Alstom from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft lowered shares of Alstom from a “buy” rating to a “hold” rating in a report on Friday, April 17th. Finally, Citigroup reissued a “buy” rating on shares of Alstom in a research note on Friday, April 17th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Alstom Trading Down 2.2%

The firm’s fifty day simple moving average is $2.16 and its two-hundred day simple moving average is $2.67. The company has a quick ratio of 0.74, a current ratio of 0.97 and a debt-to-equity ratio of 0.31.

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.