Indra Sistemas (OTCMKTS:ISMAY) Shares Gap Up – Time to Buy?

Shares of Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) gapped up prior to trading on Thursday . The stock had previously closed at $28.8850, but opened at $31.1250. Indra Sistemas shares last traded at $31.1250, with a volume of 692 shares.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley raised Indra Sistemas to an “overweight” rating in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Indra Sistemas Stock Up 7.8%

The stock has a market cap of $11.11 billion, a PE ratio of 21.11 and a beta of 0.66. The stock has a 50-day moving average of $29.83 and a 200 day moving average of $30.92.

Indra Sistemas (OTCMKTS:ISMAY) last released its quarterly earnings data on Thursday, July 23rd. The company reported $0.48 earnings per share for the quarter. Indra Sistemas had a return on equity of 25.99% and a net margin of 8.02%.

Indra Sistemas Company Profile

Indra Sistemas SA is a Madrid-based global technology and consulting firm specializing in information and communications technology (ICT) and defense systems. The company designs, develops and implements turnkey solutions for sectors including transportation, energy, public administration, financial services, telecommunications and security. Through system integration, application development, managed services and outsourcing, Indra helps clients navigate digital transformation and optimize operational performance.

In its defense and security business, Indra delivers radar systems, air traffic management platforms, command-and-control centers, simulation and training tools, as well as cybersecurity solutions.