Alstom (OTCMKTS:ALSMY) Reaches New 52-Week High – Here’s Why

Shares of Alstom SA (OTCMKTS:ALSMY) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $2.76 and last traded at $2.71, with a volume of 606858 shares traded. The stock had previously closed at $2.47.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered Alstom from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 7th.

Alstom Stock Performance

The business’s 50-day simple moving average is $2.09 and its 200 day simple moving average is $2.10. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.74 and a current ratio of 0.96.

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.