Alstom (OTCMKTS:ALSMY) Sets New 12-Month Low Following Analyst Downgrade

Alstom ADR (OTCMKTS:ALSMY – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday after Citigroup downgraded the stock from a strong-buy rating to a hold rating. The stock traded as low as $1.19 and last traded at $1.19, with a volume of 56,991 shares trading hands. The stock had previously closed at $1.26.

Alstom Stock Performance

The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.24. The business has a 50 day simple moving average of $1.71 and a two-hundred day simple moving average of $2.17.

About Alstom

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Alstom is a France-based multinational company focused on rail transportation and mobility. Its business includes the design, manufacture, integration and maintenance of rolling stock, such as high-speed trains, regional and commuter trains, metros, trams and locomotives.

The company also provides railway signaling, control systems, infrastructure, digital mobility solutions and related services. These offerings support the operation, modernization and maintenance of rail networks, with projects serving public transit authorities, infrastructure operators and rail companies.

Alstom has roots in the French industrial group Alsthom, established in 1928, and adopted the Alstom name in the 1990s.

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