Alstom (OTCMKTS:ALSMY) Sets New 12-Month Low – What’s Next?

Alstom ADR (OTCMKTS:ALSMY)’s stock price hit a new 52-week low during trading on Tuesday. The stock traded as low as $1.13 and last traded at $1.14, with a volume of 4,059 shares trading hands. The stock had previously closed at $1.13.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Citigroup lowered shares of Alstom from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 2nd. DZ Bank downgraded shares of Alstom from a “strong-buy” rating to a “hold” rating in a report on Friday, November 6th. Four equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

Alstom Price Performance

The company has a 50 day moving average price of $1.64 and a 200-day moving average price of $2.12. The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.24.

About Alstom

Alstom is a French company that designs, manufactures, and services rail transportation systems. Its products include high-speed and regional trains, metros, tramways, and locomotives, as well as components and onboard systems for rail vehicles. The company also provides rail infrastructure and technology, including signaling, train control, and electrification systems. Its services include maintenance, modernization, and support for rail fleets and infrastructure, as well as turnkey solutions for rail networks.