Alstom (OTCMKTS:ALSMY) Stock Price Up 3.9% - What's Next?

Key Points

• Alstom's stock price increased by 3.9% to $2.39, with roughly 360,902 shares traded, which is a decline from the average daily volume.
• Analysts have shown confidence in Alstom, with Deutsche Bank maintaining a "buy" rating and DZ Bank upgrading it to a "strong-buy."
• The company's financial health is indicated by a debt-to-equity ratio of 0.31, with a quick ratio of 0.75 and a current ratio of 0.97.

Alstom ADR (OTCMKTS:ALSMY - Get Free Report) shares shot up 3.9% during trading on Thursday . The stock traded as high as $2.42 and last traded at $2.39. 360,902 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 453,665 shares. The stock had previously closed at $2.30.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ALSMY shares. DZ Bank raised shares of Alstom from a "hold" rating to a "strong-buy" rating in a report on Friday, May 16th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Alstom in a research report on Thursday, July 24th.

Alstom Stock Down 1.2%

The company's 50-day moving average price is $2.26 and its 200 day moving average price is $2.22. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.75 and a current ratio of 0.97.

About Alstom

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.