Indra Sistemas (OTCMKTS:ISMAY) Sees Strong Trading Volume – Still a Buy?

Shares of Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw unusually-high trading volume on Tuesday . 32,286 shares changed hands during trading, an increase of 286% from the previous session’s volume of 8,365 shares.The stock last traded at $27.61 and had previously closed at $26.6760.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley raised shares of Indra Sistemas to an “overweight” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy”.

Indra Sistemas Stock Up 3.2%

The firm has a market capitalization of $9.73 billion, a price-to-earnings ratio of 18.48 and a beta of 0.66. The company has a 50-day moving average price of $30.16 and a 200-day moving average price of $30.93.

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.