Innovative Solutions and Support (NASDAQ:IA) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Innovative Solutions and Support (NASDAQ:IA) from a hold rating to a buy rating in a research report sent to investors on Saturday morning.

Several other equities research analysts have also recently weighed in on IA. Zacks Research raised Innovative Solutions and Support from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. Weiss Ratings initiated coverage on Innovative Solutions and Support in a research report on Wednesday. They set a “hold (c+)” rating for the company. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Innovative Solutions and Support currently has a consensus rating of “Buy”.

Innovative Solutions and Support Price Performance

Shares of NASDAQ:IA opened at $21.46 on Friday. The company has a market capitalization of $384.13 million, a PE ratio of 20.44 and a beta of 0.59. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.97 and a quick ratio of 1.49. Innovative Solutions and Support has a 52-week low of $8.13 and a 52-week high of $30.94.

About Innovative Solutions and Support

Innovative Solutions and Support, Inc (NASDAQ: IA) is an aerospace and defense technology company that develops, manufactures and supports avionics and cockpit systems. Its products are designed to provide flight crews with navigation, display, air-data and aircraft-control capabilities.

The company’s product portfolio includes integrated cockpit systems, flight management systems, flat-panel and electronic flight instrument displays, air-data computers, integrated standby instruments, GPS-based navigation equipment and cockpit control panels.