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Alstom (OTCMKTS:ALSMY) Shares Gap Up - Still a Buy?

Alstom logo with Transportation background

Alstom ADR (OTCMKTS:ALSMY - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $2.08, but opened at $2.24. Alstom shares last traded at $2.24, with a volume of 18,317 shares changing hands.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ALSMY. Citigroup cut Alstom from a "strong-buy" rating to a "neutral" rating in a research note on Monday, March 10th. DZ Bank raised Alstom from a "hold" rating to a "strong-buy" rating in a report on Friday, May 16th.

View Our Latest Research Report on ALSMY

Alstom Stock Up 0.9%

The business's fifty day moving average price is $2.21 and its 200 day moving average price is $2.19. The company has a current ratio of 0.97, a quick ratio of 0.75 and a debt-to-equity ratio of 0.31.

Alstom Company Profile

(Get Free Report)

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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