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

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) shares gapped down prior to trading on Monday. The stock had previously closed at $35.4650, but opened at $34.33. Indra Sistemas shares last traded at $34.4520, with a volume of 621 shares.

Wall Street Analyst Weigh In

Separately, Morgan Stanley upgraded Indra Sistemas to an “overweight” rating in a research report 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’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Indra Sistemas Stock Performance

The firm’s 50 day moving average price is $35.06 and its 200-day moving average price is $32.05. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.80 and a current ratio of 1.80. The firm has a market capitalization of $12.14 billion, a PE ratio of 23.37 and a beta of 0.69.

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

Indra Sistemas Company Profile

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.