ALSTOM (ALSMY) Downgraded to “Hold” at Zacks Investment Research
Zacks Investment Research lowered shares of ALSTOM (OTCMKTS:ALSMY) from a buy rating to a hold rating in a research note published on Tuesday.
According to Zacks, “Alstom SA develops and markets systems, equipment and services for the railway sector. Its product includes bogies, traction systems, electrification, track laying and urban integrated solution. It also offers services such as parts and repairs, maintenance, customisation, modernisation and support services. Alstom SA is headquartered in France. “
ALSTOM (ALSMY) traded down $0.01 during midday trading on Tuesday, reaching $4.24. The company’s stock had a trading volume of 320 shares, compared to its average volume of 2,914. The company has a current ratio of 1.06, a quick ratio of 0.92 and a debt-to-equity ratio of 0.40. ALSTOM has a one year low of $2.64 and a one year high of $4.28.
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Alstom SA, through with its subsidiaries, designs, develops, and markets various rail transport products and systems in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. It offers trains, such as metros, tramways, tram-trains, suburban trains, regional trains, high-speed trains, and passengers and freight locomotives; and signaling products, including rail control systems, security and control, trackside, and interlocking products.
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