Alstom (OTCMKTS:ALSMY) Hits New 1-Year High – Should You Buy?

Alstom ADR (OTCMKTS:ALSMY)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $2.89 and last traded at $2.8545, with a volume of 173262 shares traded. The stock had previously closed at $2.78.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on ALSMY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alstom in a research report on Friday, November 14th. Barclays restated an “underweight” rating on shares of Alstom in a research note on Wednesday, December 3rd. Finally, Citigroup upgraded shares of Alstom from a “neutral” rating to a “buy” rating in a research report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Alstom Trading Up 2.9%

The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.75 and a current ratio of 0.97. The firm has a fifty day moving average price of $2.57 and a 200 day moving average price of $2.42.

About Alstom

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.