Alstom (OTCMKTS:ALSMY) Reaches New 1-Year Low Following Analyst Downgrade

Alstom ADR (OTCMKTS:ALSMY – Get Free Report)’s share price reached a new 52-week low during trading on Tuesday after Citigroup downgraded the stock from a strong-buy rating to a hold rating. The stock traded as low as $1.19 and last traded at $1.19, with a volume of 56,991 shares changing hands. The stock had previously closed at $1.26.

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 simple moving average of $1.71 and a 200-day simple moving average of $2.17.

Alstom Company Profile

(Get Free Report)

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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