Alstom (OTCMKTS:ALSMY) Shares Gap Down – Here’s Why

Alstom ADR (OTCMKTS:ALSMY)’s share price gapped down before the market opened on Monday . The stock had previously closed at $2.71, but opened at $2.60. Alstom shares last traded at $2.6350, with a volume of 66,036 shares.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alstom in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Alstom Stock Performance

The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.75 and a current ratio of 0.97. The firm’s 50 day moving average price is $2.51 and its 200-day moving average price is $2.36.

About Alstom

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.