Indra Sistemas (OTCMKTS:ISMAY) Shares Gap Down – Should You Sell?

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY) shares 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 changing hands.

Analyst Upgrades and Downgrades

Separately, Oddo Bhf upgraded 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Indra Sistemas Trading Down 5.9%

The firm has a market cap of $11.04 billion, a P/E ratio of 25.61 and a beta of 0.51. 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 stock has a fifty day simple moving average of $29.11 and a 200 day simple moving average of $24.93.

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. The company had revenue of $1.36 billion for the quarter. Indra Sistemas had a net margin of 7.66% and a return on equity of 27.69%.

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.