Alstom (OTCMKTS:ALSMY) Sets New 12-Month Low – Should You Sell?

Alstom ADR (OTCMKTS:ALSMY)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $1.68 and last traded at $1.69, with a volume of 18552 shares changing hands. The stock had previously closed at $1.71.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ALSMY shares. Citigroup restated a “buy” rating on shares of Alstom in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft cut shares of Alstom from a “buy” rating to a “hold” rating in a research note on Friday, April 17th. Finally, Kepler Capital Markets raised shares of Alstom from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.

Alstom Stock Performance

The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.24. The stock’s 50 day moving average is $1.91 and its 200 day moving average is $2.59.

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.