Yatra Online (NASDAQ:YTRA) Upgraded by Wall Street Zen to “Hold” Rating

Yatra Online (NASDAQ:YTRA) was upgraded by equities researchers at Wall Street Zen to a “hold” rating in a note issued to investors on Saturday.

Several other analysts have also recently weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Yatra Online in a research note on Monday. Zacks Research raised Yatra Online from a “hold” rating to a “strong-buy” rating in a report on Friday, November 14th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $3.00.

Yatra Online Stock Performance

NASDAQ:YTRA opened at $1.69 on Friday. The stock’s 50-day moving average is $1.63 and its 200-day moving average is $1.35. Yatra Online has a 1-year low of $0.58 and a 1-year high of $2.00. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.04. The stock has a market cap of $105.27 million, a P/E ratio of 84.54 and a beta of 0.81.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Yatra Online stock. Virtu Financial LLC acquired a new position in shares of Yatra Online, Inc. (NASDAQ:YTRA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,945 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. It also offers various services, including exploring and searching comprises web and mobile platforms that enable customers to explore and search flights, hotels, holiday packages, buses, trains, and activities through its website, www.yatra.com.