Indra Sistemas (OTCMKTS:ISMAY) Releases Earnings Results

Indra Sistemas (OTCMKTS:ISMAY) released its earnings results on Thursday. The company reported $0.44 earnings per share (EPS) for the quarter, Zacks reports. Indra Sistemas had a return on equity of 22.61% and a net margin of 7.12%. The company had revenue of $1.69 billion during the quarter.

Indra Sistemas Stock Up 2.4%

Shares of Indra Sistemas stock traded up $0.84 on Friday, hitting $35.99. 283 shares of the company traded hands, compared to its average volume of 9,283. The company has a 50-day moving average price of $34.72 and a 200 day moving average price of $32.24. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.58. Indra Sistemas has a 12-month low of $25.49 and a 12-month high of $38.30. The company has a market cap of $12.71 billion, a PE ratio of 24.48 and a beta of 0.69.

Analysts Set New Price Targets

Separately, Morgan Stanley raised Indra Sistemas to an “overweight” rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

About Indra Sistemas

Indra Sistemas, SA is a Spanish technology and consulting company headquartered in Madrid. Established in 1993, the company develops technology solutions for governments, businesses and infrastructure operators, with activities spanning information technology, digital transformation, defense and security, transportation, and air traffic management.

Through its Minsait business, Indra provides consulting, systems integration, cybersecurity, data and analytics, cloud, and digital services.