Alstom (OTCMKTS:ALSMY) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Alstom SA (OTCMKTS:ALSMY)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.10 and traded as low as $2.03. Alstom shares last traded at $2.05, with a volume of 196,875 shares.

Analyst Upgrades and Downgrades

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

Alstom Price Performance

The stock has a 50-day moving average of $2.10 and a two-hundred day moving average of $2.07. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.96 and a quick ratio of 0.74.

Alstom Company Profile

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.