Alstom ADR (OTCMKTS:ALSMY – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.80 and traded as high as $1.90. Alstom shares last traded at $1.88, with a volume of 409,221 shares.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on ALSMY. Deutsche Bank Aktiengesellschaft downgraded shares of Alstom from a “buy” rating to a “hold” rating in a report on Friday, April 17th. Citigroup reiterated a “buy” rating on shares of Alstom in a research report on Friday, April 17th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Alstom presently has a consensus rating of “Hold”.
View Our Latest Report on Alstom
Alstom Price Performance
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.
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