Indra Sistemas (OTCMKTS:ISMAY) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Shares of 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 $29.80 and traded as high as $32.94. Indra Sistemas shares last traded at $32.66, with a volume of 3,537 shares.

Wall Street Analyst Weigh In

Separately, Oddo Bhf raised Indra Sistemas to a “neutral” rating in a report on Monday, October 27th. Three research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy”.

Indra Sistemas Price Performance

The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.46 and a current ratio of 1.46. The firm’s 50 day moving average is $29.80 and its 200-day moving average is $25.47.

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

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.