Alstom ADR (OTCMKTS:ALSMY – Get Free Report) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 72,408 shares, a drop of 75.3% from the July 30th total of 292,846 shares. Based on an average daily trading volume, of 1,101,472 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Alstom Trading Down 2.6%
Shares of ALSMY traded down $0.05 during mid-day trading on Friday, reaching $1.84. 578,921 shares of the company’s stock were exchanged, compared to its average volume of 1,018,438. The company has a 50-day simple moving average of $1.79 and a two-hundred day simple moving average of $2.22. The company has a current ratio of 0.94, a quick ratio of 0.73 and a debt-to-equity ratio of 0.24. Alstom has a 52-week low of $1.65 and a 52-week high of $3.51.
Alstom Company Profile
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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