Alstom (OTCMKTS:ALSMY) Sets New 12-Month Low – Should You Sell?

Alstom ADR (OTCMKTS:ALSMY)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $1.68 and last traded at $1.69, with a volume of 18552 shares traded. The stock had previously closed at $1.71.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ALSMY. Kepler Capital Markets raised Alstom from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft downgraded Alstom from a “buy” rating to a “hold” rating in a research report on Friday, April 17th. Finally, Citigroup reissued a “buy” rating on shares of Alstom in a report on Friday, April 17th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Alstom Stock Performance

The business has a 50 day simple moving average of $1.91 and a two-hundred day simple moving average of $2.59. 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 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.