Indra Sistemas (OTCMKTS:ISMAY) Shares Gap Down – Time to Sell?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY)’s share price gapped down prior to trading on Friday . The stock had previously closed at $31.55, but opened at $30.18. Indra Sistemas shares last traded at $30.18, with a volume of 190 shares traded.

Analysts Set New Price Targets

Separately, Morgan Stanley upgraded Indra Sistemas to an “overweight” rating in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Indra Sistemas currently has an average rating of “Buy”.

Indra Sistemas Trading Down 3.7%

The stock’s 50 day moving average is $29.88 and its two-hundred day moving average is $30.94. The stock has a market capitalization of $10.73 billion, a price-to-earnings ratio of 20.38 and a beta of 0.66.

Indra Sistemas (OTCMKTS:ISMAY) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.48 earnings per share (EPS) for the quarter. The firm had revenue of $2.14 billion for the quarter. Indra Sistemas had a return on equity of 25.99% and a net margin of 8.02%.

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.