Indra Sistemas (OTCMKTS:ISMAY) Shares Down 3.7% – Time to Sell?

Shares of Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) fell 3.7% during trading on Tuesday. The company traded as low as $34.9525 and last traded at $34.9525. 1,619 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 9,214 shares. The stock had previously closed at $36.28.

Analysts Set New Price Targets

Separately, Morgan Stanley raised 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 assigned a Hold rating to the company. According to data from MarketBeat, Indra Sistemas currently has an average rating of “Moderate Buy”.

Indra Sistemas Stock Performance

The company has a 50-day moving average of $35.00 and a 200 day moving average of $32.09. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $12.36 billion, a PE ratio of 23.80 and a beta of 0.69.

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