Short Interest in Alstom ADR (OTCMKTS:ALSMY) Expands By 87.0%

Alstom ADR (OTCMKTS:ALSMY) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 680,088 shares, a growth of 87.0% from the December 15th total of 363,636 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 722,126 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 722,126 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.0% of the company’s stock are short sold.

Alstom Stock Up 1.0%

OTCMKTS:ALSMY opened at $2.97 on Thursday. The company has a current ratio of 0.97, a quick ratio of 0.74 and a debt-to-equity ratio of 0.31. Alstom has a 12 month low of $1.80 and a 12 month high of $3.13. The firm has a fifty day simple moving average of $2.74 and a 200-day simple moving average of $2.53.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on ALSMY shares. Kepler Capital Markets downgraded shares of Alstom from a “buy” rating to a “hold” rating in a research report on Monday, January 5th. Barclays reaffirmed an “underweight” rating on shares of Alstom in a report on Wednesday, December 3rd. Citigroup upgraded Alstom from a “neutral” rating to a “buy” rating in a report on Friday, December 5th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alstom in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Alstom Company Profile

Alstom is a global leader in the transportation sector, specializing in the design, manufacture and delivery of rail infrastructure, rolling stock and signaling systems. The company’s portfolio includes high-speed trains, regional and commuter trains, metros, trams and e-buses, as well as digital mobility solutions for railway networks. In addition to new equipment, Alstom offers a comprehensive suite of services ranging from maintenance and modernization to spare parts management and on-site support.

Founded in France with roots tracing back to the early 20th century, Alstom has evolved through a series of mergers and acquisitions to become one of the world’s largest rail transport equipment suppliers.