Alstom (OTCMKTS:ALSMY) Sets New 12-Month High – Here’s What Happened

Shares of Alstom ADR (OTCMKTS:ALSMY) hit a new 52-week high during trading on Thursday . The company traded as high as $2.77 and last traded at $2.77, with a volume of 12618 shares trading hands. The stock had previously closed at $2.73.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alstom in a research note on Friday, November 14th. Citigroup upgraded shares of Alstom from a “neutral” rating to a “buy” rating in a research report on Friday, December 5th. Finally, Barclays reaffirmed an “underweight” rating on shares of Alstom in a research note on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat, Alstom has an average rating of “Hold”.

Alstom Price Performance

The company has a current ratio of 0.97, a quick ratio of 0.75 and a debt-to-equity ratio of 0.31. The firm’s fifty day simple moving average is $2.55 and its 200-day simple moving average is $2.40.

Alstom Company Profile

Alstom SA provides solutions for rail transport industry in Europe, the Americas, Asia and Pacific, the Middle East, Central Asia, and Africa. The company offers rolling stock solutions comprising people movers and monorails, light rails, metros, commuter trains, regional trains, high-speed trains, and locomotives; asset optimization, cybersecurity, connectivity, digital passenger, and security and city mobility solutions; and signaling products, such as urban, mainline, and freight and mining signaling.