Alstom ADR (OTCMKTS:ALSMY) Short Interest Update

Key Points

• Short interest plunged 53.7% to 133,201 shares as of March 31 (from 287,733 on March 15), leaving a very low days-to-cover ratio of 0.1 based on average daily volume, with roughly 0.0% of shares currently sold short.
• Analyst sentiment is mixed but tilted positive — one Strong Buy, two Buy, one Hold and one Sell — giving Alstom an average rating of "Moderate Buy", and brokerages including Deutsche Bank and Kepler have recently updated their views.
• ALSMY opened at $2.66, trading within a 52-week range of $2.03–$3.51; its 50-day and 200-day moving averages are $3.00 and $2.81 respectively, and key balance-sheet metrics include a debt-to-equity of 0.31 and a current ratio of 0.97.

Alstom ADR (OTCMKTS:ALSMY - Get Free Report) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totaling 133,201 shares, a decrease of 53.7% from the March 15th total of 287,733 shares. Based on an average daily trading volume, of 1,140,790 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

A number of brokerages have commented on ALSMY. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Alstom in a report on Tuesday, January 6th. Kepler Capital Markets raised Alstom from a "strong sell" rating to a "hold" rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Alstom currently has an average rating of "Moderate Buy".

Alstom Price Performance

ALSMY opened at $2.66 on Friday. Alstom has a 52-week low of $2.03 and a 52-week high of $3.51. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.97 and a quick ratio of 0.74. The business's fifty day moving average is $3.00 and its 200-day moving average is $2.81.

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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