Yatra Online (NASDAQ:YTRA) Receives Buy Rating from HC Wainwright

HC Wainwright reiterated their buy rating on shares of Yatra Online (NASDAQ:YTRA) in a report published on Tuesday morning, Benzinga reports. HC Wainwright currently has a $4.00 price objective on the technology company’s stock.

Yatra Online Stock Down 1.3 %

Shares of NASDAQ YTRA opened at $1.56 on Tuesday. Yatra Online has a one year low of $1.07 and a one year high of $2.67. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.41 and a quick ratio of 2.41. The firm’s 50 day simple moving average is $1.34 and its two-hundred day simple moving average is $1.41. The stock has a market capitalization of $99.28 million, a P/E ratio of -22.28 and a beta of 1.23.

Yatra Online (NASDAQ:YTRA) last released its quarterly earnings data on Monday, August 12th. The technology company reported ($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.01). The firm had revenue of $12.61 million during the quarter, compared to analyst estimates of $18.72 million. Yatra Online had a negative return on equity of 1.31% and a negative net margin of 7.62%. As a group, analysts expect that Yatra Online will post 0.02 EPS for the current fiscal year.

Institutional Trading of Yatra Online

A hedge fund recently bought a new stake in Yatra Online stock. Gerber LLC purchased a new position in Yatra Online, Inc. (NASDAQ:YTRA) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 16,135 shares of the technology company’s stock, valued at approximately $26,000. 50.97% of the stock is currently owned by institutional investors.

About Yatra Online

Yatra Online, Inc operates as an online travel company in India and internationally. It operates in Air Ticketing, and Hotels and Packages, and Other Services segments. The company provides travel-related services, including domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, cab bookings, and ancillary services for leisure and business travelers.