Indra Sistemas (OTCMKTS:ISMAY) Hits New 12-Month High – Time to Buy?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) hit a new 52-week high on Friday . The stock traded as high as $33.8850 and last traded at $33.8850, with a volume of 229 shares. The stock had previously closed at $33.4050.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ISMAY. Oddo Bhf upgraded Indra Sistemas to a “neutral” rating in a report on Monday, October 27th. Berenberg Bank raised shares of Indra Sistemas to a “strong-buy” rating in a research note on Wednesday, September 17th. Three analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Indra Sistemas currently has an average rating of “Buy”.

Indra Sistemas Stock Up 0.4%

The firm has a fifty day moving average of $28.38 and a two-hundred day moving average of $24.24. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.41.

Indra Sistemas (OTCMKTS:ISMAY) last issued its earnings results on Thursday, October 30th. The company reported $0.26 earnings per share (EPS) 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 for the quarter.

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.