Indra Sistemas (OTCMKTS:ISMAY) Share Price Breaks Below Two Hundred Day Moving Average – What’s Next?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) shares passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $32.25 and traded as low as $31.3695. Indra Sistemas shares last traded at $31.4533, with a volume of 14,429 shares changing hands.

Analyst Ratings Changes

Separately, Morgan Stanley raised shares of Indra Sistemas to an “overweight” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating. According to MarketBeat, the stock currently has an average rating of “Buy”.

Indra Sistemas Stock Down 2.6%

The stock has a fifty day moving average of $34.54 and a 200 day moving average of $32.25. The firm has a market capitalization of $11.11 billion, a P/E ratio of 19.06 and a beta of 0.68. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.80 and a quick ratio of 1.80.

Indra Sistemas (OTCMKTS:ISMAY) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.44 earnings per share (EPS) for the quarter. Indra Sistemas had a return on equity of 23.84% and a net margin of 7.70%. The firm had revenue of $1.69 billion during the quarter.

About Indra Sistemas

Indra Sistemas is a Spanish technology and consulting company that develops solutions for government agencies and businesses. Its digital services, delivered in part through its Minsait business, include consulting, information technology and systems integration.

The company also works in defense and security, air traffic management, transportation and mobility, and space. Its offerings include mission and command systems, air traffic control technologies, and systems for managing rail and road networks.

Founded in 1993, Indra is headquartered in Spain and serves clients in multiple international markets.