Indra Sistemas (OTCMKTS:ISMAY) Shares Gap Up – Still a Buy?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) shares gapped up prior to trading on Thursday . The stock had previously closed at $28.8850, but opened at $31.1250. Indra Sistemas shares last traded at $31.1250, with a volume of 692 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley raised shares of Indra Sistemas to an “overweight” rating in a research note 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Indra Sistemas Stock Performance

The firm has a market capitalization of $11.11 billion, a price-to-earnings ratio of 21.11 and a beta of 0.66. The company has a 50 day moving average price of $29.83 and a two-hundred day moving average price of $30.92.

Indra Sistemas (OTCMKTS:ISMAY) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.48 earnings per share (EPS) for the quarter. Indra Sistemas had a net margin of 8.02% and a return on equity of 25.99%.

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.