Indra Sistemas (OTCMKTS:ISMAY) Upgraded at Berenberg Bank

Berenberg Bank upgraded shares of Indra Sistemas (OTCMKTS:ISMAY) to a strong-buy rating in a research note issued to investors on Wednesday,Zacks.com reports.

A number of other brokerages have also commented on ISMAY. The Goldman Sachs Group upgraded Indra Sistemas from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 8th. Kepler Capital Markets upgraded Indra Sistemas from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 20th. Three equities research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Indra Sistemas currently has an average rating of “Strong Buy”.

Indra Sistemas Trading Up 6.4%

Shares of OTCMKTS ISMAY opened at $21.40 on Wednesday. The business’s 50 day moving average price is $20.72 and its 200 day moving average price is $18.60. Indra Sistemas has a 52 week low of $8.05 and a 52 week high of $23.49. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.40.

Indra Sistemas Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 25th. Shareholders of record on Thursday, July 10th were given a $0.0882 dividend. This represents a yield of 42.0%. The ex-dividend date was Wednesday, July 9th. Indra Sistemas’s dividend payout ratio is currently 7.63%.

About Indra Sistemas

Indra Sistemas, SA operates as a technology and consulting company for aerospace, defense, and mobility business worldwide. The company operates through four segments: Defence, Air Traffic, Mobility, and Minsait. It offers Mova Consulting for planing and designing transport infrastructures; Mova Collect for ticketing, tolling, and back office applications; Mova Traffic for building traffic management and control solutions; Mova Protect for protection of businesses and people; Mova Experience; Mova Comms for connecting the transportation ecosystem with personalized communication solutions; Mova Care that provides infrastructure operation and maintenance, technology operation and maintenance, and transportation services operation and maintenance; and In-Mova Space, a technological mobility and infrastructure management platform.