Alstom (OTCMKTS:ALSMY) Shares Pass Above 50-Day Moving Average – Should You Sell?

Alstom SA (OTCMKTS:ALSMYGet Free Report)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.09 and traded as high as $2.67. Alstom shares last traded at $2.67, with a volume of 1,848,962 shares traded.

Wall Street Analyst Weigh In

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

View Our Latest Analysis on ALSMY

Alstom Stock Down 1.5 %

The firm’s 50-day moving average price is $2.09 and its 200-day moving average price is $2.10. The company has a quick ratio of 0.74, a current ratio of 0.96 and a debt-to-equity ratio of 0.32.

About Alstom

(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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