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

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) shares gapped down before the market opened on Thursday . The stock had previously closed at $34.84, but opened at $33.73. Indra Sistemas shares last traded at $33.73, with a volume of 243 shares traded.

Wall Street Analysts Forecast Growth

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

Indra Sistemas Stock Performance

The stock has a market capitalization of $12.08 billion, a price-to-earnings ratio of 23.27 and a beta of 0.64. 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’s fifty day simple moving average is $32.57 and its 200 day simple moving average is $31.63.

Indra Sistemas (OTCMKTS:ISMAY) last released 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 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.