Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) Short Interest Update

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 16,978 shares, an increase of 260.2% from the July 30th total of 4,714 shares. Based on an average trading volume of 5,666 shares, the days-to-cover ratio is presently 3.0 days. Approximately 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Morgan Stanley upgraded Indra Sistemas to an “overweight” rating in a 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 MarketBeat.com, Indra Sistemas has an average rating of “Buy”.

Indra Sistemas Stock Up 2.4%

ISMAY stock traded up $0.85 on Friday, hitting $36.24. 809 shares of the company’s stock were exchanged, compared to its average volume of 9,532. Indra Sistemas has a 12-month low of $19.06 and a 12-month high of $38.30. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.80 and a current ratio of 1.80. The stock has a market cap of $12.80 billion, a P/E ratio of 24.65 and a beta of 0.64. The firm has a 50 day moving average price of $31.86 and a two-hundred day moving average price of $31.45.

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

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.