ALSTOM Stock Bullish Momentum With A 9.62% Rise Today

(VIANEWS) – The Market ended the session with ALSTOM (ALO.PA) jumping 9.62% to €15.21 on Tuesday, following the last session’s upward trend. CAC 40 slid 0.86% to €8,049.17, following the last session’s upward trend on what was a somewhat negative trend exchanging session today.

ALSTOM’s last close was €13.88, 51.14% under its 52-week high of €28.41.

About ALSTOM

Alstom SA offers 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 and intercity 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. It also provides APM, monorail, tram, metro, and main line systems; and tracklaying and track solutions, catenary free and ground feeding solutions, electrification solutions, and electromechanical equipment., as well as cybersecurity solutions. In addition, the company provides maintenance, modernization, parts and repair, and support services. Further, it offers various components, including bogies, motors and generators, switchgears, auxiliary converters, traction transformers, brake friction, components propulsion, train control and information systems, hydrogen and battery solutions, and dispen dampers. The company was founded in 1928 and is based in Saint-Ouen, France.

Earnings Per Share

As for profitability, ALSTOM has a trailing twelve months EPS of €-0.29.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.93%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ALSTOM’s stock is considered to be overbought (>=80).

More news about ALSTOM (ALO.PA).

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