Indra Sistemas (OTCMKTS:ISMAY) Sees Large Volume Increase – Here’s Why

Shares of Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw an uptick in trading volume on Thursday. 16,999 shares traded hands during 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.

Analyst Upgrades and Downgrades

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

Indra Sistemas Stock Down 2.6%

The firm’s fifty day moving average price is $34.92 and its 200-day moving average price is $32.19. The company has a market capitalization of $12.25 billion, a price-to-earnings ratio of 23.59 and a beta of 0.69. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.80 and a quick ratio of 1.80.

Indra Sistemas (OTCMKTS:ISMAY) last announced 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 during the quarter. Indra Sistemas had a net margin of 7.12% and a return on equity of 22.61%.

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.