Indra Sistemas (OTCMKTS:ISMAY) Sees Large Volume Increase – Time to Buy?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw strong trading volume on Thursday . 39,916 shares traded hands during mid-day trading, an increase of 372% from the previous session’s volume of 8,455 shares.The stock last traded at $35.79 and had previously closed at $36.02.

Analyst Ratings Changes

Separately, Morgan Stanley raised shares of Indra Sistemas to an “overweight” rating in a research 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 MarketBeat, the stock currently has a consensus rating of “Buy”.

Indra Sistemas Stock Performance

The business has a 50 day simple moving average of $31.42 and a 200 day simple moving average of $31.21. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $12.65 billion, a PE ratio of 24.35 and a beta of 0.64.

Indra Sistemas (OTCMKTS:ISMAY) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.48 earnings per share (EPS) for the quarter. Indra Sistemas had a net margin of 7.12% and a return on equity of 22.61%. The business had revenue of $2.14 billion for the quarter.

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.