Indra Sistemas (OTCMKTS:ISMAY) Reaches New 1-Year High – Should You Buy?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $29.10 and last traded at $28.82, with a volume of 1785 shares traded. The stock had previously closed at $27.01.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ISMAY. The Goldman Sachs Group raised shares of Indra Sistemas from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 8th. Oddo Bhf raised shares of Indra Sistemas to a “neutral” rating in a research report on Monday. Finally, Berenberg Bank raised shares of Indra Sistemas to a “strong-buy” rating in a research report on Wednesday, September 17th. Three analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Indra Sistemas Stock Up 6.7%

The business’s 50 day moving average is $22.05 and its 200 day moving average is $20.43. The company has a market capitalization of $10.18 billion, a price-to-earnings ratio of 24.42 and a beta of 0.77. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.24 and a current ratio of 1.24.

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.