Indra Sistemas (OTCMKTS:ISMAY) Shares Gap Down – Here’s Why

Shares of Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) gapped down before the market opened on Monday. The stock had previously closed at $35.4650, but opened at $34.33. Indra Sistemas shares last traded at $34.4520, with a volume of 621 shares traded.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley raised shares of Indra Sistemas to an “overweight” rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Indra Sistemas currently has a consensus rating of “Moderate Buy”.

Indra Sistemas Price Performance

The company has a debt-to-equity ratio of 0.58, a current ratio of 1.80 and a quick ratio of 1.80. The stock has a market capitalization of $12.14 billion, a price-to-earnings ratio of 23.37 and a beta of 0.69. The stock has a 50 day moving average price of $35.06 and a 200-day moving average price of $32.05.

Indra Sistemas (OTCMKTS:ISMAY) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $0.48 earnings per share for the quarter. The firm 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.