Alstom (OTCMKTS:ALSMY) Reaches New 1-Year Low – What’s Next?

Alstom ADR (OTCMKTS:ALSMY)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $1.75 and last traded at $1.79, with a volume of 1978818 shares traded. The stock had previously closed at $1.79.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on ALSMY shares. Deutsche Bank Aktiengesellschaft downgraded Alstom from a “buy” rating to a “hold” rating in a report on Friday, April 17th. Kepler Capital Markets raised Alstom from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Finally, Citigroup reiterated a “buy” rating on shares of Alstom in a report on Friday, April 17th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alstom currently has a consensus rating of “Hold”.

Alstom Price Performance

The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.73 and a current ratio of 0.94. The business’s 50 day simple moving average is $1.98 and its 200-day simple moving average is $2.62.

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.