Indra Sistemas (OTCMKTS:ISMAY) Shares Gap Up – What’s Next?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $29.1750, but opened at $31.6360. Indra Sistemas shares last traded at $31.6360, with a volume of 433 shares traded.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ISMAY. Oddo Bhf upgraded Indra Sistemas to a “neutral” rating in a research note on Monday, October 27th. Berenberg Bank upgraded shares of Indra Sistemas to a “strong-buy” rating in a research note on Wednesday, September 17th. Three research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Indra Sistemas has an average rating of “Buy”.

Indra Sistemas Stock Down 1.5%

The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.41. The firm has a market cap of $11.14 billion, a price-to-earnings ratio of 25.84 and a beta of 0.51. The stock’s 50 day moving average is $28.02 and its 200 day moving average is $23.90.

Indra Sistemas (OTCMKTS:ISMAY) last released its earnings results on Thursday, October 30th. The company reported $0.26 earnings per share (EPS) for the quarter. Indra Sistemas had a return on equity of 27.69% and a net margin of 7.66%.The firm had revenue of $1.36 billion for the quarter.

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.