Short Interest in Alstom ADR (OTCMKTS:ALSMY) Decreases By 45.5%

Alstom ADR (OTCMKTS:ALSMY) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 370,790 shares, a decrease of 45.5% from the December 31st total of 680,088 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 714,150 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 714,150 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are short sold.

Alstom Price Performance

Shares of Alstom stock opened at $3.22 on Friday. Alstom has a 1 year low of $1.80 and a 1 year high of $3.31. The company has a 50-day moving average of $2.86 and a 200 day moving average of $2.59. The company has a current ratio of 0.97, a quick ratio of 0.74 and a debt-to-equity ratio of 0.31.

Analyst Ratings Changes

Several analysts recently weighed in on ALSMY shares. Citigroup upgraded shares of Alstom from a “neutral” rating to a “buy” rating in a report on Friday, December 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Alstom in a research note on Tuesday, January 6th. Barclays reissued an “underweight” rating on shares of Alstom in a research note on Wednesday, December 3rd. Finally, Kepler Capital Markets cut Alstom from a “buy” rating to a “hold” rating in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Alstom currently has an average rating of “Moderate Buy”.

About Alstom

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.