Yatra Online (NASDAQ:YTRA) Upgraded at Zacks Research

Zacks Research upgraded shares of Yatra Online (NASDAQ:YTRA) from a strong sell rating to a hold rating in a research note released on Tuesday morning,Zacks.com reports.

YTRA has been the topic of a number of other research reports. Wall Street Zen raised Yatra Online to a “hold” rating in a research note on Saturday, December 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Yatra Online in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Yatra Online presently has an average rating of “Hold” and an average price target of $3.00.

Yatra Online Stock Performance

NASDAQ:YTRA opened at $1.07 on Tuesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.02 and a quick ratio of 2.02. The firm has a market cap of $66.65 million, a PE ratio of -53.50 and a beta of 0.81. The firm has a 50 day simple moving average of $1.17 and a 200-day simple moving average of $1.49. Yatra Online has a 1-year low of $0.64 and a 1-year high of $2.00.

Hedge Funds Weigh In On Yatra Online

Institutional investors and hedge funds have recently bought and sold shares of the stock. Virtu Financial LLC purchased a new position in Yatra Online during the third quarter worth approximately $25,000. Quadrature Capital Ltd acquired a new stake in shares of Yatra Online during the 4th quarter worth $36,000. Corsair Capital Management L.P. acquired a new stake in shares of Yatra Online during the 4th quarter worth $36,000. Jane Street Group LLC purchased a new position in shares of Yatra Online in the 4th quarter worth $60,000. Finally, XTX Topco Ltd purchased a new position in shares of Yatra Online in the 4th quarter worth $79,000. Institutional investors and hedge funds 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.