Indra Sistemas (OTCMKTS:ISMAY) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $30.23 and traded as low as $30.0250. Indra Sistemas shares last traded at $30.50, with a volume of 2,954 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Oddo Bhf upgraded shares of Indra Sistemas to a “neutral” rating in a research report on Monday, October 27th. Three research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Indra Sistemas Trading Up 4.5%

The business has a 50 day simple moving average of $30.23 and a 200 day simple moving average of $25.81. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.46 and a quick ratio of 1.46.

About Indra Sistemas

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.