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

Shares of Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw an uptick in trading volume on Tuesday . Approximately 32,286 shares traded hands during mid-day trading, an increase of 286% from the previous session’s volume of 8,365 shares.The stock last traded at $27.61 and had previously closed at $26.6760.

Analyst Ratings Changes

Separately, Morgan Stanley upgraded Indra Sistemas to an “overweight” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Indra Sistemas Trading Up 1.6%

The firm’s 50-day moving average price is $30.02 and its 200-day moving average price is $30.93. The stock has a market capitalization of $9.94 billion, a PE ratio of 18.89 and a beta of 0.66.

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.