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

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) gapped down before the market opened on Friday . The stock had previously closed at $31.55, but opened at $30.18. Indra Sistemas shares last traded at $30.18, with a volume of 190 shares traded.

Analyst Ratings Changes

Separately, Morgan Stanley raised shares of Indra Sistemas to an “overweight” rating in a research note on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Indra Sistemas has an average rating of “Buy”.

Indra Sistemas Stock Down 2.4%

The business’s 50 day moving average price is $29.92 and its 200-day moving average price is $30.94. The company has a market cap of $10.88 billion, a PE ratio of 20.95 and a beta of 0.66.

Indra Sistemas (OTCMKTS:ISMAY) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $0.48 EPS for the quarter. Indra Sistemas had a return on equity of 23.74% and a net margin of 7.12%.The business had revenue of $2.14 billion during 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.