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

Shares of Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw strong trading volume on Thursday. 16,999 shares traded hands during mid-day trading, an increase of 85% from the previous session’s volume of 9,186 shares. The stock last traded at $35.00 and had previously closed at $35.61.

Wall Street Analyst Weigh In

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

Indra Sistemas Stock Down 3.9%

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’s 50 day simple moving average is $34.78 and its two-hundred day simple moving average is $32.23. The firm has a market cap of $11.87 billion, a price-to-earnings ratio of 22.85 and a beta of 0.69.

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. Indra Sistemas had a return on equity of 22.61% and a net margin of 7.12%. The business had revenue of $2.14 billion during the quarter.

About Indra Sistemas

Indra Sistemas, SA is a Spanish technology and consulting company headquartered in Madrid. Established in 1993, the company develops technology solutions for governments, businesses and infrastructure operators, with activities spanning information technology, digital transformation, defense and security, transportation, and air traffic management.

Through its Minsait business, Indra provides consulting, systems integration, cybersecurity, data and analytics, cloud, and digital services.