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

Key Points

• Indra Sistemas shares gapped down from $23.72 to $23.22 at the market opening, with a trading volume of 1,035 shares.
• Analysts have upgraded the stock, with three ratings of Strong Buy and one rating of Hold, indicating positive market sentiment.
• The company has a market capitalization of $8.20 billion and a P/E ratio of 19.68, suggesting a stable financial position.

Shares of Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $23.72, but opened at $23.22. Indra Sistemas shares last traded at $23.22, with a volume of 1,035 shares traded.

Wall Street Analysts Forecast Growth

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

Indra Sistemas Stock Performance

The company has a 50-day simple moving average of $21.02 and a two-hundred day simple moving average of $19.59. 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 firm has a market capitalization of $8.20 billion, a P/E ratio of 19.68 and a beta of 0.77.

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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