Alstom SA (OTCMKTS:ALSMY – Get Rating) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 851,500 shares, a growth of 257.8% from the March 15th total of 238,000 shares. Based on an average daily trading volume, of 2,100,000 shares, the days-to-cover ratio is presently 0.4 days.
ALSMY stock opened at $2.20 on Wednesday. The stock’s 50 day simple moving average is $2.46 and its 200 day simple moving average is $3.18. Alstom has a 12-month low of $1.86 and a 12-month high of $5.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.81 and a quick ratio of 0.61.
Several research analysts recently commented on ALSMY shares. Morgan Stanley cut their price target on Alstom from €50.00 ($54.35) to €46.00 ($50.00) in a research note on Friday, April 8th. UBS Group cut their target price on Alstom from €47.00 ($51.09) to €44.00 ($47.83) in a research report on Wednesday, April 6th. JPMorgan Chase & Co. decreased their price target on shares of Alstom from €38.00 ($41.30) to €37.50 ($40.76) and set an “overweight” rating for the company in a research report on Friday, April 1st. Deutsche Bank Aktiengesellschaft cut their price target on shares of Alstom from €43.00 ($46.74) to €41.00 ($44.57) and set a “buy” rating on the stock in a report on Thursday, January 13th. Finally, Zacks Investment Research upgraded shares of Alstom from a “sell” rating to a “hold” rating in a research note on Wednesday, December 15th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $42.13.
Alstom SA engages in the provision of transport services. It operates through the following segments: urban and main line transportation, signalling, services and integrated solutions. It offers a complete range of solutions from trains to metros, tramways, and e-buses; passenger solutions; customized services like maintenance and modernization; infrastructure; signalling; and digital mobility solutions.
- Get a free copy of the StockNews.com research report on Alstom (ALSMY)
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