Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) Sees Large Growth in Short Interest

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 4,714 shares, an increase of 4,614.0% from the July 15th total of 100 shares. Based on an average daily volume of 17,284 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

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 Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Indra Sistemas presently has an average rating of “Buy”.

Indra Sistemas Price Performance

OTCMKTS ISMAY traded up $0.68 on Tuesday, hitting $37.79. The company had a trading volume of 2,492 shares, compared to its average volume of 8,625. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.76 and a quick ratio of 1.76. The company’s fifty day moving average price is $30.62 and its 200-day moving average price is $30.99. The company has a market capitalization of $13.35 billion, a PE ratio of 25.71 and a beta of 0.63. Indra Sistemas has a 12-month low of $19.06 and a 12-month high of $38.30.

Indra Sistemas (OTCMKTS:ISMAY) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $0.48 earnings per share (EPS) for the quarter. Indra Sistemas had a net margin of 7.12% and a return on equity of 23.74%. The business had revenue of $2.14 billion for the quarter.

About Indra Sistemas

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.