Alstom SA (OTCMKTS:ALSMY) Sees Significant Decrease in Short Interest

Alstom SA (OTCMKTS:ALSMY - Get Free Report) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 16,900 shares, a decline of 85.6% from the March 15th total of 117,500 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 1,212,500 shares, the short-interest ratio is presently 0.0 days.

Alstom Trading Down 2.7 %

Shares of OTCMKTS:ALSMY traded down $0.06 during midday trading on Friday, reaching $2.15. 377,642 shares of the company's stock traded hands, compared to its average volume of 739,989. Alstom has a one year low of $1.52 and a one year high of $2.76. The stock has a 50 day moving average of $2.23 and a 200 day moving average of $2.17. The company has a current ratio of 0.96, a quick ratio of 0.74 and a debt-to-equity ratio of 0.32.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on ALSMY. The Goldman Sachs Group cut shares of Alstom from a "hold" rating to a "strong sell" rating in a report on Tuesday, January 7th. Citigroup lowered shares of Alstom from a "strong-buy" rating to a "neutral" rating in a report on Monday, March 10th.

Alstom Company Profile

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.