Indra Sistemas (OTCMKTS:ISMAY) Hits New 12-Month High – Here’s Why
by Sarita Garza · The Markets DailyShares of Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $33.8850 and last traded at $33.8850, with a volume of 229 shares trading hands. The stock had previously closed at $33.4050.
Wall Street Analyst Weigh In
ISMAY has been the subject of several recent analyst reports. Berenberg Bank upgraded Indra Sistemas to a “strong-buy” rating in a research note on Wednesday, September 17th. Oddo Bhf raised Indra Sistemas to a “neutral” rating in a research report on Monday, October 27th. Three investment analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy”.
Read Our Latest Stock Analysis on Indra Sistemas
Indra Sistemas Stock Performance
The business has a 50-day moving average of $28.26 and a 200 day moving average of $24.11. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.46 and a quick ratio of 1.46. The company has a market cap of $11.95 billion, a PE ratio of 27.72 and a beta of 0.51.
Indra Sistemas (OTCMKTS:ISMAY – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.26 earnings per share (EPS) for the quarter. Indra Sistemas had a return on equity of 27.69% and a net margin of 7.66%.The business had revenue of $1.36 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.