Indra Sistemas (OTCMKTS:ISMAY) Shares Pass Above 50 Day Moving Average – Time to Sell?

Shares of Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $30.80 and traded as high as $32.24. Indra Sistemas shares last traded at $32.03, with a volume of 438 shares changing hands.

Analyst Ratings Changes

Separately, Oddo Bhf raised shares of Indra Sistemas to a “neutral” rating in a research report on Monday, October 27th. Three analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Indra Sistemas Price Performance

The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.41. The company has a fifty day simple moving average of $30.80 and a 200-day simple moving average of $26.36.

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.