Indra Sistemas (OTCMKTS:ISMAY) Sees Unusually-High Trading Volume - What's Next?

Key Points

• Indra Sistemas experienced an extremely high trading volume, with approximately 58,385 shares changing hands, marking a 1,198% increase from the previous session.
• Analysts have shown increased confidence in the company, as Berenberg Bank and Goldman Sachs both upgraded their ratings to "strong-buy".
• The stock has a market capitalization of $8.29 billion and an average rating of "Strong Buy" from equities research analysts.

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY - Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 58,385 shares changed hands during trading, an increase of 1,198% from the previous session's volume of 4,499 shares.The stock last traded at $23.46 and had previously closed at $22.85.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Berenberg Bank upgraded shares of Indra Sistemas to a "strong-buy" rating in a report on Wednesday, September 17th. The Goldman Sachs Group raised shares of Indra Sistemas from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 8th. Three equities research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Strong Buy".

Indra Sistemas Stock Performance

The stock has a market cap of $8.29 billion, a price-to-earnings ratio of 19.88 and a beta of 0.77. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.24 and a current ratio of 1.24. The stock's 50-day simple moving average is $20.80 and its two-hundred day simple moving average is $19.33.

Indra Sistemas Company Profile

Indra Sistemas, SA operates as a technology and consulting company for aerospace, defense, and mobility business worldwide. The company operates through four segments: Defence, Air Traffic, Mobility, and Minsait. It offers Mova Consulting for planing and designing transport infrastructures; Mova Collect for ticketing, tolling, and back office applications; Mova Traffic for building traffic management and control solutions; Mova Protect for protection of businesses and people; Mova Experience; Mova Comms for connecting the transportation ecosystem with personalized communication solutions; Mova Care that provides infrastructure operation and maintenance, technology operation and maintenance, and transportation services operation and maintenance; and In-Mova Space, a technological mobility and infrastructure management platform.

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