Citigroup lowered shares of Alstom (OTCMKTS:ALSMY – Free Report) from a strong-buy rating to a hold rating in a research note issued to investors on Monday,Zacks reports.
Alstom Price Performance
OTCMKTS ALSMY opened at $1.18 on Monday. The firm’s fifty day simple moving average is $1.72 and its two-hundred day simple moving average is $2.18. The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.24. Alstom has a 12-month low of $1.17 and a 12-month 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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