Indra Sistemas (OTCMKTS:ISMAY) Shares Gap Up - Should You Buy?

Key Points

• Indra Sistemas shares gapped up to $21.00 at opening from a previous close of $20.12, with a latest trading price of $21.05.
• Analysts have upgraded Indra Sistemas' stock to a Strong Buy rating, with a consensus rating of Strong Buy based on multiple reports.
• The company declared a dividend of $0.0882 per share, resulting in an impressive yield of 42.0%.

Indra Sistemas S.A. Unsponsored ADR (OTCMKTS:ISMAY - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $20.12, but opened at $21.00. Indra Sistemas shares last traded at $21.05, with a volume of 745 shares changing hands.

Analyst Ratings Changes

ISMAY has been the topic of a number of analyst reports. The Goldman Sachs Group upgraded shares of Indra Sistemas from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 8th. Berenberg Bank upgraded shares of Indra Sistemas to a "strong-buy" rating in a research report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, Indra Sistemas has a consensus rating of "Strong Buy".

Indra Sistemas Stock Performance

The firm's 50 day simple moving average is $20.74 and its 200-day simple moving average is $18.54. 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 company has a market cap of $7.66 billion, a price-to-earnings ratio of 18.37 and a beta of 0.78.

Indra Sistemas Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, July 25th. Shareholders of record on Thursday, July 10th were paid a dividend of $0.0882 per share. The ex-dividend date was Wednesday, July 9th. This represents a yield of 42.0%. Indra Sistemas's dividend payout ratio is 6.78%.

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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