Alstom ADR (OTCMKTS:ALSMY) Short Interest Update

Alstom ADR (OTCMKTS:ALSMY) was the target of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 287,733 shares, a decrease of 53.9% from the February 26th total of 623,531 shares. Based on an average trading volume of 1,477,806 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

ALSMY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alstom in a research report on Tuesday, January 6th. Citigroup raised Alstom from a “neutral” rating to a “buy” rating in a research report on Friday, December 5th. Barclays reaffirmed an “underweight” rating on shares of Alstom in a research note on Wednesday, December 3rd. Finally, Kepler Capital Markets lowered Alstom from a “buy” rating to a “hold” rating in a report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Alstom Stock Performance

Alstom stock opened at $2.76 on Thursday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.74 and a current ratio of 0.97. Alstom has a 1-year low of $1.80 and a 1-year high of $3.51. The firm’s fifty day simple moving average is $3.09 and its 200-day simple moving average is $2.79.

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.