Alstom (OTCMKTS:ALSMY) Hits New 1-Year Low – Should You Sell?

Alstom ADR (OTCMKTS:ALSMY)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $1.86 and last traded at $1.86, with a volume of 773214 shares. The stock had previously closed at $2.23.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Citigroup reiterated a “buy” rating on shares of Alstom in a research report on Friday. Deutsche Bank Aktiengesellschaft cut Alstom from a “buy” rating to a “hold” rating in a report on Friday. Finally, Kepler Capital Markets raised Alstom from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Alstom Price Performance

The company has a debt-to-equity ratio of 0.31, a current ratio of 0.97 and a quick ratio of 0.74. The firm has a 50 day moving average of $2.92 and a 200-day moving average of $2.81.

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.