Indra Sistemas (OTCMKTS:ISMAY) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $30.80 and traded as high as $32.24. Indra Sistemas shares last traded at $32.03, with a volume of 438 shares traded.

Wall Street Analysts Forecast Growth

Separately, Oddo Bhf raised Indra Sistemas to a “neutral” rating in a research report on Monday, October 27th. Three equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Indra Sistemas has a consensus rating of “Buy”.

Indra Sistemas Trading Up 0.9%

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 business’s 50 day moving average is $30.80 and its 200-day moving average is $26.40.

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.