Alstom (OTCMKTS:ALSMY) Reaches New 12-Month Low – Here’s Why

Alstom ADR (OTCMKTS:ALSMY)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $1.75 and last traded at $1.79, with a volume of 1978818 shares trading hands. The stock had previously closed at $1.79.

Analysts Set New Price Targets

Several research analysts have commented on the company. Deutsche Bank Aktiengesellschaft downgraded Alstom from a “buy” rating to a “hold” rating in a research note on Friday, April 17th. Kepler Capital Markets raised shares of Alstom from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Finally, Citigroup restated a “buy” rating on shares of Alstom in a research report on Friday, April 17th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Alstom Trading Down 1.7%

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 stock has a 50-day moving average of $1.94 and a 200-day moving average of $2.61.

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.