ALSTOM/ADR (OTCMKTS:ALSMY) Earns Neutral Rating from Analysts at Credit Suisse Group

Credit Suisse Group assumed coverage on shares of ALSTOM/ADR (OTCMKTS:ALSMY) in a research note issued to investors on Monday morning, The Fly reports. The firm issued a neutral rating on the transportation company’s stock.

Separately, Bank of America cut ALSTOM/ADR from a buy rating to a neutral rating in a report on Friday, June 28th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of Buy.

Shares of ALSMY stock opened at $4.34 on Monday. The stock’s fifty day moving average is $4.29 and its 200-day moving average is $4.36. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.94 and a current ratio of 1.13. ALSTOM/ADR has a 52 week low of $3.80 and a 52 week high of $4.81.

The firm also recently announced an annual dividend, which was paid on Wednesday, August 7th. Stockholders of record on Friday, July 12th were issued a dividend of $0.473 per share. This represents a dividend yield of 10.22%. The ex-dividend date was Thursday, July 11th. This is a boost from ALSTOM/ADR’s previous annual dividend of $0.03.

ALSTOM/ADR Company Profile

Alstom SA develops and markets systems, equipment, and services for the transport sector in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. The company offers metros, tramways, tram-trains, suburban trains, regional trains, high-speed trains, and passengers and freight locomotives; and signaling products, such as rail control systems, security and control, trackside, and interlocking products.

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The Fly

Analyst Recommendations for ALSTOM/ADR (OTCMKTS:ALSMY)

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