Indra Sistemas (OTCMKTS:ISMAY) Sees Unusually-High Trading Volume – Time to Buy?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw strong trading volume on Thursday . 39,916 shares were traded during mid-day trading, an increase of 372% from the previous session’s volume of 8,455 shares.The stock last traded at $35.79 and had previously closed at $36.02.

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 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 company. Based on data from MarketBeat.com, Indra Sistemas currently has an average rating of “Buy”.

Indra Sistemas Stock Up 1.1%

The company’s 50 day moving average price is $31.57 and its two-hundred day moving average price is $31.27. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.58. The firm has a market cap of $12.70 billion, a PE ratio of 24.45 and a beta of 0.64.

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

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.