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

Alstom SA (OTCMKTS:ALSMY) shares 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 changing hands.

Analyst Upgrades and Downgrades

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

Alstom Stock Performance

The stock has a fifty day simple moving average of $2.09 and a two-hundred day simple 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.

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.