Alstom (OTCMKTS:ALSMY) Shares Gap Up – Still a Buy?

Alstom ADR (OTCMKTS:ALSMY)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $2.59, but opened at $2.74. Alstom shares last traded at $2.75, with a volume of 34,989 shares changing hands.

Wall Street Analyst Weigh In

ALSMY has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Alstom in a research report on Tuesday, January 6th. Barclays reaffirmed an “underweight” rating on shares of Alstom in a research report on Wednesday, December 3rd. Citigroup raised shares of Alstom from a “neutral” rating to a “buy” rating in a research report on Friday, December 5th. Finally, Kepler Capital Markets downgraded Alstom from a “buy” rating to a “hold” rating in a research note on Monday, January 5th. One equities 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, Alstom currently has a consensus rating of “Moderate Buy”.

Alstom Stock Performance

The company has a debt-to-equity ratio of 0.31, a current ratio of 0.97 and a quick ratio of 0.74. The business has a 50 day moving average price of $3.06 and a 200 day moving average price of $2.80.

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.