Indra Sistemas (OTCMKTS:ISMAY) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-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 trading hands.

Analysts Set New Price Targets

Separately, Oddo Bhf upgraded shares of Indra Sistemas to a “neutral” rating in a report on Monday, October 27th. Three analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Indra Sistemas Trading Up 0.0%

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 stock has a 50-day simple moving average of $29.80 and a 200-day simple moving average of $25.48.

Indra Sistemas (OTCMKTS:ISMAY) last released its earnings results on Thursday, October 30th. The company reported $0.26 earnings per share for the quarter. The company 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.