Yatra Online (YTRA) Upgraded to “Hold” by Zacks Investment Research

Yatra Online (NASDAQ:YTRA) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Sunday.

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, Oppenheimer reiterated a “buy” rating and set a $13.00 price objective (down previously from $15.00) on shares of Yatra Online in a report on Monday, November 6th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $14.56.

Yatra Online (NASDAQ YTRA) opened at $6.88 on Friday. Yatra Online has a 52 week low of $6.55 and a 52 week high of $12.85. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of -1.47. The company has a market cap of $240.87 and a PE ratio of -1.44.

Yatra Online (NASDAQ:YTRA) last released its quarterly earnings results on Tuesday, November 14th. The technology company reported ($0.27) EPS for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.09. Yatra Online had a negative net margin of 88.49% and a negative return on equity of 453.63%. analysts predict that Yatra Online will post -1.22 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Virtu KCG Holdings LLC bought a new stake in Yatra Online during the 2nd quarter valued at about $201,000. Jane Street Group LLC bought a new stake in Yatra Online during the 3rd quarter valued at about $238,000. JPMorgan Chase & Co. bought a new stake in Yatra Online during the 3rd quarter valued at about $403,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Yatra Online during the 3rd quarter valued at about $448,000. Finally, Silver Capital Management LLC lifted its holdings in Yatra Online by 16.1% during the 3rd quarter. Silver Capital Management LLC now owns 63,110 shares of the technology company’s stock valued at $684,000 after buying an additional 8,750 shares in the last quarter. Institutional investors own 10.08% of the company’s stock.

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Yatra Online Company Profile

Yatra Online, Inc is an India-based consumer travel platform and online travel agent. The Company’s segments include Air Ticketing, Hotels and Packages, and Others. Through Internet and mobile-based platform and call-centers, the Company provides the facility to book and service international and domestic air tickets to customer through business-to-consumer (B2C) and business-to-business-to-consumer (B2B2C) channel.

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