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Alstom (OTCMKTS:ALSMY) Share Price Crosses Below 50-Day Moving Average - Here's Why

Alstom logo with Transportation background

Alstom SA (OTCMKTS:ALSMY - Get Free Report)'s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $2.21 and traded as low as $2.09. Alstom shares last traded at $2.13, with a volume of 425,465 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Citigroup downgraded shares of Alstom from a "strong-buy" rating to a "neutral" rating in a research report on Monday, March 10th. The Goldman Sachs Group lowered Alstom from a "hold" rating to a "strong sell" rating in a report on Tuesday, January 7th.

View Our Latest Stock Report on Alstom

Alstom Price Performance

The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.74 and a current ratio of 0.96. The stock has a 50-day simple moving average of $2.21 and a 200 day simple moving average of $2.16.

Alstom Company Profile

(Get Free Report)

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.

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