Indra Sistemas (OTCMKTS:ISMAY) Sees Large Volume Increase – Here’s What Happened

Shares of Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw unusually-strong trading volume on Tuesday . 18,156 shares traded hands during trading, an increase of 92% from the previous session’s volume of 9,457 shares.The stock last traded at $35.80 and had previously closed at $35.5950.

Wall Street Analyst Weigh In

Separately, Morgan Stanley upgraded Indra Sistemas to an “overweight” rating in a research report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Indra Sistemas Stock Down 1.6%

The company has a market capitalization of $12.38 billion, a price-to-earnings ratio of 23.83 and a beta of 0.63. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.58. The business has a 50-day moving average price of $32.07 and a 200-day moving average price of $31.53.

Indra Sistemas (OTCMKTS:ISMAY) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.48 earnings per share for the quarter. Indra Sistemas had a return on equity of 22.61% and a net margin of 7.12%.The firm had revenue of $2.14 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.