Alstom ADR (OTCMKTS:ALSMY) Short Interest Update

Alstom ADR (OTCMKTS:ALSMY) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 623,531 shares, a decline of 18.8% from the February 12th total of 767,924 shares. Based on an average daily trading volume, of 1,063,257 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,063,257 shares, the days-to-cover ratio is currently 0.6 days.

Alstom Stock Up 1.5%

Shares of OTCMKTS:ALSMY opened at $2.65 on Tuesday. Alstom has a 52-week low of $1.80 and a 52-week high of $3.51. The company has a current ratio of 0.97, a quick ratio of 0.74 and a debt-to-equity ratio of 0.31. The company has a 50-day simple moving average of $3.12 and a 200 day simple moving average of $2.77.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Barclays reaffirmed an “underweight” rating on shares of Alstom in a research report on Wednesday, December 3rd. Citigroup raised Alstom from a “neutral” rating to a “buy” rating in a research report on Friday, December 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alstom in a research note on Tuesday, January 6th. Finally, Kepler Capital Markets downgraded Alstom from a “buy” rating to a “hold” rating in a report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

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.