Indra Sistemas (OTCMKTS:ISMAY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw unusually-strong trading volume on Thursday . Approximately 39,916 shares were traded during mid-day trading, an increase of 372% from the previous session’s volume of 8,455 shares.The stock last traded at $35.79 and had previously closed at $36.02.

Wall Street Analyst Weigh In

Separately, Morgan Stanley upgraded Indra Sistemas to an “overweight” rating in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Indra Sistemas Stock Down 0.6%

The company has a debt-to-equity ratio of 0.58, a current ratio of 1.80 and a quick ratio of 1.80. The company’s 50-day simple moving average is $31.42 and its 200 day simple moving average is $31.21. The firm has a market cap of $12.65 billion, a P/E ratio of 24.35 and a beta of 0.64.

Indra Sistemas (OTCMKTS:ISMAY) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $0.48 earnings per share (EPS) for the quarter. The business had revenue of $2.14 billion for the quarter. Indra Sistemas had a return on equity of 22.61% and a net margin of 7.12%.

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.