Indra Sistemas (OTCMKTS:ISMAY) Stock Breaks Below 200-Day Moving Average – Should You Sell?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY)’s stock price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $32.25 and traded as low as $31.3695. Indra Sistemas shares last traded at $31.4533, with a volume of 14,429 shares traded.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley raised shares of Indra Sistemas to an “overweight” rating in a report on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

Indra Sistemas Stock Down 2.6%

The firm’s fifty day simple moving average is $34.54 and its two-hundred day simple moving average is $32.25. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $11.11 billion, a price-to-earnings ratio of 19.06 and a beta of 0.68.

Indra Sistemas (OTCMKTS:ISMAY) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.44 earnings per share for the quarter. The business had revenue of $1.69 billion during the quarter. Indra Sistemas had a return on equity of 23.84% and a net margin of 7.70%.

About Indra Sistemas

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.