Yatra Online (NASDAQ:YTRA) Given Buy Rating at HC Wainwright

HC Wainwright reiterated their buy rating on shares of Yatra Online (NASDAQ:YTRA) in a research note published on Tuesday,Benzinga reports. They currently have a $3.00 price objective on the technology company’s stock.

Yatra Online Trading Up 1.3%

YTRA opened at $1.00 on Tuesday. The firm’s fifty day simple moving average is $0.74 and its 200 day simple moving average is $1.02. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.03. Yatra Online has a 12 month low of $0.58 and a 12 month high of $1.75. The stock has a market capitalization of $63.11 million, a P/E ratio of -100.00 and a beta of 0.89.

Yatra Online (NASDAQ:YTRA) last issued its quarterly earnings results on Thursday, May 29th. The technology company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.04). Yatra Online had a positive return on equity of 0.27% and a negative net margin of 0.46%. The business had revenue of $25.66 million for the quarter, compared to the consensus estimate of $2.26 billion. As a group, research analysts anticipate that Yatra Online will post 0.04 EPS 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 position in shares of Yatra Online, Inc. (NASDAQ:YTRA) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 19,639 shares of the technology company’s stock, valued at approximately $25,000. Hedge funds and other institutional investors own 50.97% of the company’s stock.

Yatra Online Company Profile

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.