Indra Sistemas (OTCMKTS:ISMAY) Sees Unusually-High Trading Volume – Here’s What Happened

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) shares saw unusually-strong trading volume on Tuesday . Approximately 18,156 shares traded hands during mid-day trading, an increase of 92% from the previous session’s volume of 9,457 shares.The stock last traded at $35.80 and had previously closed at $35.5950.

Analysts Set New Price Targets

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 Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy”.

Indra Sistemas Stock Up 0.6%

The firm has a market cap of $12.38 billion, a price-to-earnings ratio of 23.84 and a beta of 0.64. 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 stock has a 50-day moving average of $32.27 and a 200-day moving average of $31.58.

Indra Sistemas (OTCMKTS:ISMAY) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $0.48 EPS for the quarter. The firm had revenue of $2.14 billion for the quarter. Indra Sistemas had a return on equity of 22.61% and a net margin of 7.12%.

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.