Indra Sistemas (OTCMKTS:ISMAY) Shares Gap Down – What’s Next?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $33.21, but opened at $32.13. Indra Sistemas shares last traded at $31.85, with a volume of 1,392 shares traded.

Wall Street Analysts Forecast Growth

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

Indra Sistemas Trading Down 5.9%

The firm’s 50 day moving average is $29.11 and its 200 day moving average is $24.93. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.46 and a quick ratio of 1.46. The company has a market cap of $11.04 billion, a PE ratio of 25.61 and a beta of 0.51.

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

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.