Indra Sistemas (OTCMKTS:ISMAY) Sees Large Volume Increase – Still a Buy?

Shares of Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw strong trading volume on Thursday. Approximately 16,999 shares were traded during mid-day trading, an increase of 85% from the previous session’s volume of 9,186 shares. The stock last traded at $35.00 and had previously closed at $35.61.

Analysts Set New Price Targets

Separately, Morgan Stanley raised Indra Sistemas to an “overweight” rating in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Indra Sistemas presently has an average rating of “Moderate Buy”.

Indra Sistemas Stock Down 2.6%

The firm has a fifty day moving average price of $34.92 and a 200 day moving average price of $32.19. 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 company has a market cap of $12.25 billion, a P/E ratio of 23.59 and a beta of 0.69.

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

Indra Sistemas Company Profile

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.