Alstom (OTCMKTS:ALSMY) Sets New 12-Month Low - Here's What Happened

Key Points

• Alstom ADR hit a new 52-week low, trading as low as $1.86 on Friday (volume 773,214) after closing at $2.23 previously.
• Analyst sentiment weakened as Deutsche Bank cut its rating from Buy to Hold while Kepler moved from Strong Sell to Hold; the consensus rating is currently "Hold" (1 Strong Buy, 1 Buy, 2 Hold, 1 Sell).
• Technical and liquidity signals look weak: the 50-day and 200-day moving averages are $2.95 and $2.81 (both above the current price), and the company shows tight liquidity with a current ratio of 0.97 and quick ratio of 0.74.

Alstom ADR (OTCMKTS:ALSMY - Get Free Report)'s stock price hit a new 52-week low on Friday . The stock traded as low as $1.86 and last traded at $1.86, with a volume of 773214 shares traded. The stock had previously closed at $2.23.

Analyst Ratings Changes

ALSMY has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft cut shares of Alstom from a "buy" rating to a "hold" rating in a research report on Friday. Kepler Capital Markets raised shares of Alstom from a "strong sell" rating to a "hold" rating in a report on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Alstom currently has an average rating of "Hold".

Alstom Stock Performance

The business's 50-day moving average is $2.95 and its two-hundred day moving average is $2.81. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.97 and a quick ratio of 0.74.

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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