Indra Sistemas (OTCMKTS:ISMAY) Stock Passes Above 50 Day Moving Average – Here’s Why

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $26.30 and traded as high as $27.62. Indra Sistemas shares last traded at $27.62, with a volume of 311 shares trading hands.

Analyst Ratings Changes

ISMAY has been the subject of several research reports. Oddo Bhf raised Indra Sistemas to a “neutral” rating in a research report on Monday, October 27th. Berenberg Bank raised Indra Sistemas to a “strong-buy” rating in a report on Wednesday, September 17th. Three analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy”.

Indra Sistemas Stock Up 1.3%

The company has a current ratio of 1.46, a quick ratio of 1.24 and a debt-to-equity ratio of 0.41. The firm’s fifty day moving average is $26.30 and its 200-day moving average is $22.68.

Indra Sistemas (OTCMKTS:ISMAY) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.26 earnings per share for the quarter. Indra Sistemas had a net margin of 7.66% and a return on equity of 27.69%. The company had revenue of $1.36 billion during the quarter.

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.