Indra Sistemas (OTCMKTS:ISMAY) Sees Unusually-High Trading Volume – Still a Buy?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) shares saw strong trading volume on Monday . Approximately 9,420 shares changed hands during mid-day trading, an increase of 7% from the previous session’s volume of 8,825 shares.The stock last traded at $31.7650 and had previously closed at $30.80.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley raised Indra Sistemas to an “overweight” rating in a report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Indra Sistemas Price Performance

The company has a debt-to-equity ratio of 0.63, a current ratio of 1.76 and a quick ratio of 1.76. The stock has a market capitalization of $11.60 billion, a price-to-earnings ratio of 22.33 and a beta of 0.66. The stock has a 50 day moving average price of $30.02 and a 200-day moving average price of $30.93.

Indra Sistemas (OTCMKTS:ISMAY) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $0.48 EPS for the quarter. The firm had revenue of $2.14 billion during the quarter. Indra Sistemas had a return on equity of 23.74% and a net margin of 7.12%.

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.