Yatra Online (NASDAQ:YTRA)‘s stock had its “buy” rating restated by Zacks Investment Research in a report released on Saturday, Zacks.com reports. They currently have a $4.50 price target on the technology company’s stock. Zacks Investment Research‘s target price would indicate a potential upside of 15.38% from the stock’s current price.
According to Zacks, “Yatra Online, Inc. provides online travel agency services. The company operates through website www.yatra.com, mobile applications and associated platforms to book airline, railway and bus tickets as well as car and hotel accommodations for customers. Its product portfolio includes flights, hotels, trains, holidays, bus and activities. Yatra Online, Inc. is headquatered in New Delhi, India. “
Separately, ValuEngine upgraded shares of Yatra Online from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st.
Shares of Yatra Online stock traded up $0.07 on Friday, hitting $3.90. 170,245 shares of the company traded hands, compared to its average volume of 159,279. The firm’s 50-day simple moving average is $4.12 and its 200 day simple moving average is $4.27. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.01. The company has a market cap of $180.63 million, a P/E ratio of -5.13 and a beta of 1.04. Yatra Online has a 12-month low of $3.43 and a 12-month high of $5.56.
Yatra Online (NASDAQ:YTRA) last posted its quarterly earnings data on Tuesday, July 23rd. The technology company reported ($0.22) earnings per share for the quarter. The company had revenue of $35.33 million for the quarter. Yatra Online had a negative net margin of 12.35% and a negative return on equity of 80.48%. Analysts predict that Yatra Online will post -0.48 earnings per share for the current year.
Several institutional investors have recently bought and sold shares of YTRA. Marshall Wace LLP raised its position in shares of Yatra Online by 450.5% during the 1st quarter. Marshall Wace LLP now owns 34,922 shares of the technology company’s stock valued at $172,000 after buying an additional 28,578 shares in the last quarter. Mak Capital One LLC raised its position in Yatra Online by 42.0% in the 1st quarter. Mak Capital One LLC now owns 2,752,351 shares of the technology company’s stock worth $13,514,000 after purchasing an additional 813,792 shares during the period. Creative Planning raised its position in Yatra Online by 71.1% in the 2nd quarter. Creative Planning now owns 60,173 shares of the technology company’s stock worth $225,000 after purchasing an additional 25,000 shares during the period. First Trust Advisors LP purchased a new position in Yatra Online in the 2nd quarter worth $1,973,000. Finally, OMERS ADMINISTRATION Corp raised its position in Yatra Online by 54.1% in the 2nd quarter. OMERS ADMINISTRATION Corp now owns 164,700 shares of the technology company’s stock worth $624,000 after purchasing an additional 57,800 shares during the period. Hedge funds and other institutional investors own 27.59% of the company’s stock.
About Yatra Online
Yatra Online, Inc operates as an online travel company in India and internationally. The company provides travel-related services, including domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, and activities and ancillary services for leisure and business travelers.
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