Indra Sistemas (OTCMKTS:ISMAY) Shares Gap Down – Here’s Why

by · The Markets Daily

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY – Get Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $34.84, but opened at $33.73. Indra Sistemas shares last traded at $33.73, with a volume of 243 shares changing hands.

Analysts Set New Price Targets

Separately, Morgan Stanley raised Indra Sistemas to an “overweight” rating in a research note on Tuesday, July 14th. One 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, the stock has an average rating of “Buy”.

Check Out Our Latest Report on Indra Sistemas

Indra Sistemas Stock Down 2.9%

The company has a debt-to-equity ratio of 0.58, a current ratio of 1.80 and a quick ratio of 1.80. The firm’s 50-day moving average is $32.27 and its 200 day moving average is $31.58. The stock has a market cap of $12.02 billion, a price-to-earnings ratio of 23.15 and a beta of 0.64.

Indra Sistemas (OTCMKTS:ISMAY – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $0.48 earnings per share for the quarter. Indra Sistemas had a net margin of 7.12% and a return on equity of 22.61%. The company had revenue of $2.14 billion for the quarter.

About Indra Sistemas

(Get Free Report)

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.

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