Alstom SA (OTCMKTS:ALSMY) Sees Large Drop in Short Interest

Alstom SA (OTCMKTS:ALSMY) was the recipient of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 3,600 shares, a decrease of 73.5% from the January 31st total of 13,600 shares. Based on an average trading volume of 936,200 shares, the days-to-cover ratio is currently 0.0 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 note on Tuesday, January 7th.

Alstom Stock Performance

Alstom stock traded up $0.03 during midday trading on Friday, hitting $2.13. The company’s stock had a trading volume of 531,716 shares, compared to its average volume of 505,754. The company has a 50-day moving average price of $2.07 and a two-hundred day moving average price of $2.08. Alstom has a 1-year low of $1.20 and a 1-year high of $2.70. 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.