Indra Sistemas (OTCMKTS:ISMAY) Sees Large Volume Increase – Time to Buy?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw an uptick in 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.

Analyst Upgrades and Downgrades

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

Indra Sistemas Trading Down 1.6%

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’s 50 day moving average is $32.07 and its 200-day moving average is $31.53. The firm has a market cap of $12.38 billion, a P/E ratio of 23.83 and a beta of 0.63.

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

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.