Alstom

23.00

-0.1000-0.43%

Volume:750.00

Turnover:17.25K

Market Cap:10.61B

PE:-26.43

High:23.00

Open:23.00

Low:23.00

Close:23.10

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Alstom signs a seven-year contract extension to operate and maintain John F. Kennedy International Airport’s AirTrain in New York

GlobeNewswire

·

01 Apr

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Alstom commits to contribute to a low carbon future by developing and promoting innovative and sustainable transportation solutions that people enjoy riding. From high-speed trains, metros, monorails, trams, to turnkey systems, services, infrastructure, signalling and digital mobility, Alstom offers its diverse customers the broadest portfolio in the industry. With its presence in 63 countries and a talent base of over 86,000 people from 184 nationalities, the company focuses its design, innovation, and project management skills to where mobility solutions are needed most. 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Alstom ADR  is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole?Let's take a closer look at the stock's year-to-date performance to find out.Alstom ADR is a member of the Transportation sector. This group includes 125 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.Our latest available data shows that ALSMY has returned about 12.4% since the start of the calendar year. In comparison, Transportation companies have returned an average of -14.2%. 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The contract extension with PANYNJ is valued at approximately $518 million USD 1. “As we extend our partnership with Alstom, we strengthen our commitment to providing world-class service for the millions of travellers who rely on JFK Airport’s AirTrain each year,” said Teresa Rizzuto, General Manager of JFK International Airport. “This long-standing collaboration goes beyond operational efficiency; the AirTrain plays a key role in reducing traffic congestion and enhancing connectivity for passengers. 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