Zacks Investment Research Lowers Alstom ADR (ALSMY) to Hold
Alstom ADR (OTCMKTS:ALSMY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Thursday.
According to Zacks, “Alstom SA develops and markets systems, equipment and services for the railway sector. Its product includes bogies, traction systems, electrification, track laying and urban integrated solution. It also offers services such as parts and repairs, maintenance, customisation, modernisation and support services. Alstom SA is headquartered in France. “
Alstom ADR (ALSMY) remained flat at $3.54 on Thursday. The company’s stock had a trading volume of 300 shares. Alstom ADR has a 52 week low of $2.51 and a 52 week high of $3.61. The firm has a market cap of $7.78 billion and a P/E ratio of 23.32. The stock has a 50-day moving average of $3.53 and a 200-day moving average of $3.24.
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Alstom ADR Company Profile
Alstom SA, through with its subsidiaries, designs, develops, and markets various rail transport products and systems in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. It offers trains, such as metros, tramways, tram-trains, suburban trains, regional trains, high-speed trains, and passengers and freight locomotives; and signaling products, including rail control systems, security and control, trackside, and interlocking products.
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