Short Interest in Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) Drops By 51.2%

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 4,578 shares, a decrease of 51.2% from the December 15th total of 9,375 shares. Based on an average daily trading volume, of 22,653 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 22,653 shares, the days-to-cover ratio is currently 0.2 days.

Indra Sistemas Stock Performance

ISMAY stock traded up $0.49 during trading on Thursday, reaching $33.80. The stock had a trading volume of 7,655 shares, compared to its average volume of 3,946. The firm has a market cap of $11.94 billion, a PE ratio of 27.70 and a beta of 0.51. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.41. The stock’s 50 day moving average is $28.67 and its two-hundred day moving average is $24.54. Indra Sistemas has a 52 week low of $8.05 and a 52 week high of $34.71.

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on ISMAY shares. Oddo Bhf raised Indra Sistemas to a “neutral” rating in a research report on Monday, October 27th. Berenberg Bank upgraded Indra Sistemas to a “strong-buy” rating in a research note on Wednesday, September 17th. Three investment analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Indra Sistemas currently has an average rating of “Buy”.

Indra Sistemas Company Profile

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.