MakeMyTrip (MMYT) Scheduled to Post Quarterly Earnings on Wednesday

MakeMyTrip (NASDAQ:MMYT) is scheduled to be releasing its earnings data before the market opens on Wednesday, May 15th. Analysts expect MakeMyTrip to post earnings of $0.26 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

MakeMyTrip Price Performance

MMYT stock opened at $71.81 on Wednesday. The business has a 50 day moving average price of $66.51 and a 200 day moving average price of $54.04. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.02. The stock has a market cap of $7.62 billion, a price-to-earnings ratio of 156.11 and a beta of 1.26. MakeMyTrip has a fifty-two week low of $25.08 and a fifty-two week high of $77.30.

Analyst Ratings Changes

Several brokerages have recently issued reports on MMYT. StockNews.com upgraded shares of MakeMyTrip from a “sell” rating to a “hold” rating in a report on Wednesday, January 24th. Macquarie lowered MakeMyTrip from an “outperform” rating to a “neutral” rating and raised their price objective for the stock from $50.00 to $60.00 in a report on Wednesday, February 21st.

MakeMyTrip Company Profile

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing.