Alstom (OTCMKTS:ALSMY) Stock Price Passes Below 50-Day Moving Average – What’s Next?

Alstom SA (OTCMKTS:ALSMY)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.12 and traded as low as $1.99. Alstom shares last traded at $2.00, with a volume of 394,739 shares changing hands.

Analyst Ratings Changes

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

Alstom Trading Up 2.0 %

The company has a current ratio of 0.96, a quick ratio of 0.74 and a debt-to-equity ratio of 0.32. The company’s 50 day moving average is $2.12 and its 200-day moving average is $2.06.

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.