Wall Street Zen Upgrades Innovative Solutions and Support (NASDAQ:IA) to “Buy”

Innovative Solutions and Support (NASDAQ:IA) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Other research analysts have also issued research reports about the company. Weiss Ratings assumed coverage on Innovative Solutions and Support in a research report on Wednesday. They issued a “hold (c+)” rating for the company. Zacks Research upgraded Innovative Solutions and Support from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

Innovative Solutions and Support Stock Performance

Shares of IA opened at $21.46 on Friday. The company has a quick ratio of 1.49, a current ratio of 2.97 and a debt-to-equity ratio of 0.63. Innovative Solutions and Support has a one year low of $8.13 and a one year high of $30.94. The stock has a market capitalization of $384.13 million, a price-to-earnings ratio of 20.44 and a beta of 0.59.

Innovative Solutions and Support Company Profile

Innovative Solutions and Support, Inc (NASDAQ: IA) is an aerospace and defense technology company that develops, manufactures and supports avionics and cockpit systems. Its products are designed to provide flight crews with navigation, display, air-data and aircraft-control capabilities.

The company’s product portfolio includes integrated cockpit systems, flight management systems, flat-panel and electronic flight instrument displays, air-data computers, integrated standby instruments, GPS-based navigation equipment and cockpit control panels.