Innovative Solutions and Support (NASDAQ:ISSC) Issues Earnings Results

Innovative Solutions and Support (NASDAQ:ISSC) issued its quarterly earnings results on Thursday. The aerospace company reported $0.21 earnings per share (EPS) for the quarter, Zacks reports. Innovative Solutions and Support had a net margin of 14.40% and a return on equity of 16.62%.

Innovative Solutions and Support Trading Up 1.4 %

Shares of NASDAQ ISSC opened at $7.50 on Friday. The company has a market cap of $131.25 million, a price-to-earnings ratio of 20.27 and a beta of 1.06. Innovative Solutions and Support has a 12 month low of $4.91 and a 12 month high of $9.00. The stock has a 50-day moving average price of $7.51 and a two-hundred day moving average price of $6.77.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Innovative Solutions and Support from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 27th.

About Innovative Solutions and Support

Innovative Solutions and Support, Inc, a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottles, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight deck management system, a navigation and performance computer that upgrade for commercial air transport aircraft.