Alstom (OTCMKTS:ALSMY – Get Free Report) was downgraded by investment analysts at Citigroup from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday, Zacks reports.
Alstom Stock Down 6.3%
Shares of OTCMKTS ALSMY opened at $1.18 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.94 and a quick ratio of 0.73. The firm has a fifty day moving average of $1.72 and a 200-day moving average of $2.18. Alstom has a 52-week low of $1.17 and a 52-week high of $3.51.
Alstom Company Profile
Alstom is a France-based multinational company focused on rail transportation and mobility. Its business includes the design, manufacture, integration and maintenance of rolling stock, such as high-speed trains, regional and commuter trains, metros, trams and locomotives.
The company also provides railway signaling, control systems, infrastructure, digital mobility solutions and related services. These offerings support the operation, modernization and maintenance of rail networks, with projects serving public transit authorities, infrastructure operators and rail companies.
Alstom has roots in the French industrial group Alsthom, established in 1928, and adopted the Alstom name in the 1990s.
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