Indra Sistemas (OTCMKTS:ISMAY) Sets New 1-Year High - Here's What Happened

Key Points

• Indra Sistemas' stock reached a new 52-week high, trading at $24.24 before settling at $23.72 with a volume of 1,042 shares.
• Wall Street analysts have upgraded Indra Sistemas' rating to "strong-buy", indicating positive growth expectations for the company.
• Indra Sistemas operates in technology and consulting across various sectors, including aerospace and defense, with a market cap of $8.38 billion.

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY - Get Free Report)'s stock price hit a new 52-week high on Friday . The company traded as high as $24.24 and last traded at $23.72, with a volume of 1042 shares. The stock had previously closed at $24.20.

Wall Street Analysts Forecast Growth

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

Indra Sistemas Stock Down 2.0%

The firm has a market cap of $8.38 billion, a P/E ratio of 20.10 and a beta of 0.77. The business's fifty day moving average price is $20.97 and its two-hundred day moving average price is $19.46. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.40.

About Indra Sistemas

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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