Alstom ADR (OTCMKTS:ALSMY) Short Interest Update

Alstom ADR (OTCMKTS:ALSMY) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 477,536 shares, a growth of 28.8% from the January 15th total of 370,790 shares. Based on an average daily volume of 805,410 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 805,410 shares, the days-to-cover ratio is currently 0.6 days.

Analysts Set New Price Targets

A number of brokerages have weighed in on ALSMY. Citigroup raised shares of Alstom from a “neutral” rating to a “buy” rating in a research report on Friday, December 5th. Kepler Capital Markets lowered shares of Alstom from a “buy” rating to a “hold” rating in a report on Monday, January 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alstom in a research report on Tuesday, January 6th. Finally, Barclays reissued an “underweight” rating on shares of Alstom in a research report on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Alstom Trading Down 1.7%

Alstom stock opened at $3.37 on Tuesday. Alstom has a 12-month low of $1.80 and a 12-month high of $3.51. The company has a quick ratio of 0.74, a current ratio of 0.97 and a debt-to-equity ratio of 0.31. The firm’s fifty day moving average price is $3.04 and its 200 day moving average price is $2.67.

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.