Yatra Online (NASDAQ:YTRA) Shares Up 0.1% – What’s Next?

Shares of Yatra Online, Inc. (NASDAQ:YTRA) rose 0.1% during trading on Friday . The company traded as high as $0.85 and last traded at $0.83. Approximately 8,867 shares traded hands during trading, a decline of 94% from the average daily volume of 147,556 shares. The stock had previously closed at $0.83.

Analyst Ratings Changes

Separately, HC Wainwright cut their target price on Yatra Online from $4.00 to $3.00 and set a “buy” rating on the stock in a research report on Wednesday, February 12th.

Yatra Online Trading Up 0.1 %

The business’s 50-day simple moving average is $1.01 and its two-hundred day simple moving average is $1.29. The stock has a market capitalization of $52.45 million, a price-to-earnings ratio of 86.50 and a beta of 1.26. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.22 and a quick ratio of 2.22.

Yatra Online (NASDAQ:YTRA) last announced its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Yatra Online had a positive return on equity of 0.27% and a negative net margin of 0.46%. On average, research analysts anticipate that Yatra Online, Inc. will post 0.04 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Yatra Online

An institutional investor recently bought a new position in Yatra Online stock. Millennium Management LLC purchased a new stake in Yatra Online, Inc. (NASDAQ:YTRA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,639 shares of the technology company’s stock, valued at approximately $25,000. Institutional investors and hedge funds own 50.97% of the company’s stock.

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.