Yatra Online, Inc. (NASDAQ:YTRA) issued its quarterly earnings results on Monday. The technology company reported ($0.30) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.26) by $0.04, Morningstar.com reports. The company had revenue of $46.84 million for the quarter, compared to analyst estimates of $24.09 million.

Yatra Online (NASDAQ YTRA) traded up 2.91% during midday trading on Tuesday, reaching $10.97. 127,851 shares of the company’s stock were exchanged. The stock’s market cap is $335.74 million. Yatra Online has a 1-year low of $7.71 and a 1-year high of $12.85. The firm’s 50-day moving average is $11.14 and its 200 day moving average is $9.72.

Several equities research analysts recently commented on the stock. Deutsche Bank AG assumed coverage on shares of Yatra Online in a research report on Thursday, June 15th. They issued a “buy” rating and a $15.00 price target for the company. Oppenheimer Holdings, Inc. began coverage on shares of Yatra Online in a research report on Tuesday, July 11th. They issued an “outperform” rating and a $15.00 target price for the company. Macquarie began coverage on shares of Yatra Online in a research report on Monday, June 5th. They issued an “outperform” rating and a $14.80 target price for the company. Finally, CIBC began coverage on shares of Yatra Online in a research report on Wednesday, July 12th. They issued an “outperform” rating and a $15.00 target price for the company.

A number of hedge funds and other institutional investors have recently made changes to their positions in YTRA. Royce & Associates LP bought a new position in shares of Yatra Online during the second quarter worth $843,000. Spark Investment Management LLC bought a new position in shares of Yatra Online during the second quarter worth $706,000. Finally, Silver Capital Management LLC bought a new position in shares of Yatra Online during the second quarter worth $612,000. 22.93% of the stock is currently owned by hedge funds and other institutional investors.

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About Yatra Online

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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