Alstom (OTCMKTS:ALSMY) Reaches New 12-Month Low – Here’s Why

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on ALSMY shares. Deutsche Bank Aktiengesellschaft cut shares of Alstom from a “buy” rating to a “hold” rating in a research report on Friday, April 17th. Kepler Capital Markets raised Alstom from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Finally, Citigroup restated a “buy” rating on shares of Alstom in a research note on Friday, April 17th. One 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. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Alstom Trading Down 2.2%

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

Alstom Company Profile

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.