Alstom ADR (OTCMKTS:ALSMY – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 131,254 shares, a decline of 52.6% from the October 15th total of 276,886 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,749,831 shares, the days-to-cover ratio is presently 0.0 days.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on ALSMY shares. DZ Bank cut Alstom from a “strong-buy” rating to a “hold” rating in a report on Friday, November 6th. Citigroup lowered Alstom from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 2nd. Four investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Alstom presently has a consensus rating of “Reduce”.
Check Out Our Latest Stock Report on Alstom
Alstom Price Performance
About Alstom
Alstom is a French company that designs, manufactures, and services rail transportation systems. Its products include high-speed and regional trains, metros, tramways, and locomotives, as well as components and onboard systems for rail vehicles. The company also provides rail infrastructure and technology, including signaling, train control, and electrification systems. Its services include maintenance, modernization, and support for rail fleets and infrastructure, as well as turnkey solutions for rail networks.
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