Short Interest in Alstom SA (OTCMKTS:ALSMY) Grows By 600.6%

Alstom SA (OTCMKTS:ALSMYGet Free Report) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 119,100 shares, a growth of 600.6% from the December 31st total of 17,000 shares. Based on an average trading volume of 949,100 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group lowered Alstom from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 7th.

Get Our Latest Stock Report on ALSMY

Alstom Stock Down 2.0 %

Shares of Alstom stock traded down $0.04 during trading on Tuesday, reaching $1.94. The company’s stock had a trading volume of 575,183 shares, compared to its average volume of 625,417. Alstom has a one year low of $1.15 and a one year high of $2.70. The stock has a 50-day moving average price of $2.16 and a two-hundred day moving average price of $2.06. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.74 and a current ratio of 0.96.

Alstom Company Profile

(Get Free Report)

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.

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