Alstom (OTCMKTS:ALSMY) Sets New 52-Week High - Here's What Happened

Alstom SA (OTCMKTS:ALSMY - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The stock 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

Several equities research analysts have recently issued reports on ALSMY shares. Citigroup cut shares of Alstom to a "neutral" rating in a research report on Monday. The Goldman Sachs Group cut Alstom from a "hold" rating to a "strong sell" rating in a research report on Tuesday, January 7th.

Alstom Trading Down 1.5 %

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

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.