Alstom (OTCMKTS:ALSMY) Stock Crosses Below Fifty Day Moving Average of $2.45

Shares of Alstom SA (OTCMKTS:ALSMYGet Rating) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.45 and traded as low as $2.35. Alstom shares last traded at $2.37, with a volume of 159,538 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ALSMY. Morgan Stanley dropped their price target on Alstom from €50.00 ($51.55) to €46.00 ($47.42) in a research report on Friday, April 8th. JPMorgan Chase & Co. increased their target price on Alstom from €37.50 ($38.66) to €38.00 ($39.18) and gave the stock an “overweight” rating in a research report on Monday, May 16th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $42.25.

Alstom Stock Up 0.9 %

The company has a 50 day moving average price of $2.45 and a 200-day moving average price of $2.50. The company has a quick ratio of 0.60, a current ratio of 0.80 and a debt-to-equity ratio of 0.36.

Alstom Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, September 12th. Stockholders of record on Monday, July 25th will be paid a $0.009 dividend. The ex-dividend date is Friday, July 22nd. This represents a dividend yield of 0.38%.

About Alstom

(Get Rating)

Alstom SA offers solutions for rail transport industry in Europe, the Americas, Asia and Pacific, the Middle East, and Africa. The company offers rolling stock solutions for people movers and monorails, light rails, metros, commuter trains, regional and intercity trains, high-speed trains, and locomotives; asset optimization, 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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