Alstom ADR (OTCMKTS:ALSMY – Get Free Report) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 321,291 shares, a growth of 97.5% from the June 15th total of 162,699 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 5,350,261 shares, the days-to-cover ratio is presently 0.1 days.
Alstom Price Performance
OTCMKTS ALSMY opened at $1.77 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.73 and a current ratio of 0.94. The company has a fifty day moving average of $1.84 and a 200 day moving average of $2.49. Alstom has a 1 year low of $1.65 and a 1 year high of $3.51.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on ALSMY shares. Kepler Capital Markets raised Alstom from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Deutsche Bank Aktiengesellschaft cut Alstom from a “buy” rating to a “hold” rating in a research note on Friday, April 17th. Finally, Citigroup reaffirmed a “buy” rating on shares of Alstom in a research note on Friday, April 17th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold”.
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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