Alstom (OTCMKTS:ALSMY) Shares Down 0.4% - Time to Sell?

Key Points

• Alstom's stock price declined by 0.4%, closing at $2.53 after trading as low as $2.52 during the day.
• Analyst ratings show a mixed sentiment with one Strong Buy, one Buy, one Hold, and one Sell rating, leading to an average rating of Moderate Buy.
• The company's financial health is indicated by a current ratio of 0.97, quick ratio of 0.75, and a debt-to-equity ratio of 0.31.

Alstom ADR (OTCMKTS:ALSMY - Get Free Report)'s stock price was down 0.4% during trading on Monday . The company traded as low as $2.52 and last traded at $2.53. Approximately 707,487 shares changed hands during mid-day trading, an increase of 47% from the average daily volume of 480,489 shares. The stock had previously closed at $2.54.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Alstom in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".

Alstom Price Performance

The company has a current ratio of 0.97, a quick ratio of 0.75 and a debt-to-equity ratio of 0.31. The business has a 50-day simple moving average of $2.44 and a 200-day simple moving average of $2.30.

Alstom Company Profile

Alstom SA provides solutions for rail transport industry in Europe, the Americas, Asia and Pacific, the Middle East, Central Asia, and Africa. The company offers rolling stock solutions comprising people movers and monorails, light rails, metros, commuter trains, regional trains, high-speed trains, and locomotives; asset optimization, cybersecurity, connectivity, digital passenger, and security and city mobility solutions; and signaling products, such as urban, mainline, and freight and mining signaling.

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