Indra Sistemas (OTCMKTS:ISMAY) Shares Gap Up – Still a Buy?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) shares gapped up before the market opened on Thursday . The stock had previously closed at $27.8970, but opened at $28.91. Indra Sistemas shares last traded at $28.91, with a volume of 1,822 shares.

Analysts Set New Price Targets

ISMAY has been the topic of a number of research reports. Oddo Bhf raised shares of Indra Sistemas to a “neutral” rating in a research note on Monday, October 27th. Berenberg Bank upgraded shares of Indra Sistemas to a “strong-buy” rating in a report on Wednesday, September 17th. Three analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy”.

Indra Sistemas Stock Performance

The company has a 50 day moving average of $24.51 and a 200 day moving average of $21.65. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.40. The firm has a market cap of $10.37 billion, a price-to-earnings ratio of 24.88 and a beta of 0.73.

Indra Sistemas (OTCMKTS:ISMAY) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.26 earnings per share (EPS) for the quarter. Indra Sistemas had a return on equity of 29.73% and a net margin of 7.65%.The company had revenue of $1.36 billion for the quarter.

About Indra Sistemas

Indra Sistemas, SA operates as a technology and consulting company for aerospace, defense, and mobility business worldwide. The company operates through four segments: Defence, Air Traffic, Mobility, and Minsait. It offers Mova Consulting for planing and designing transport infrastructures; Mova Collect for ticketing, tolling, and back office applications; Mova Traffic for building traffic management and control solutions; Mova Protect for protection of businesses and people; Mova Experience; Mova Comms for connecting the transportation ecosystem with personalized communication solutions; Mova Care that provides infrastructure operation and maintenance, technology operation and maintenance, and transportation services operation and maintenance; and In-Mova Space, a technological mobility and infrastructure management platform.