Indra Sistemas (OTCMKTS:ISMAY) Shares Cross Above 50-Day Moving Average – Should You Sell?

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

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 equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Indra Sistemas currently has a consensus rating of “Buy”.

Indra Sistemas Stock Performance

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’s 50-day simple moving average is $29.80 and its 200 day simple moving average is $25.47.

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

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.