Innovative Solutions and Support (NASDAQ:ISSC) Releases Quarterly Earnings Results

Innovative Solutions and Support (NASDAQ:ISSC) announced its quarterly earnings results on Thursday. The aerospace company reported $0.21 earnings per share 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 Stock Performance

NASDAQ ISSC traded up $0.10 during trading hours on Thursday, reaching $7.50. 55,789 shares of the company’s stock were exchanged, compared to its average volume of 44,936. The company has a market capitalization of $131.25 million, a price-to-earnings ratio of 20.27 and a beta of 1.06. Innovative Solutions and Support has a one year low of $4.91 and a one year high of $9.00. The company’s 50-day moving average is $7.50 and its two-hundred day moving average is $6.76.

Analyst Ratings Changes

Separately, StockNews.com raised shares of 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.