Yatra Online (NASDAQ:YTRA) Issues Quarterly Earnings Results

Yatra Online (NASDAQ:YTRA) announced its quarterly earnings results on Wednesday. The technology company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.14), Zacks reports. Yatra Online had a net margin of 1.39% and a return on equity of 1.79%.

Yatra Online Price Performance

Shares of NASDAQ:YTRA traded down $0.00 during mid-day trading on Wednesday, reaching $1.51. The stock had a trading volume of 102,975 shares, compared to its average volume of 112,442. The company has a market cap of $93.87 million, a P/E ratio of 75.54 and a beta of 0.78. Yatra Online has a 1 year low of $0.58 and a 1 year high of $2.00. The business’s 50 day moving average price is $1.72 and its 200 day moving average price is $1.54. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.04.

Wall Street Analysts Forecast Growth

YTRA has been the topic of several analyst reports. Wall Street Zen raised Yatra Online to a “hold” rating in a report on Saturday, December 20th. Zacks Research cut Yatra Online from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Yatra Online in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $3.00.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Yatra Online stock. Virtu Financial LLC acquired a new stake in Yatra Online, Inc. (NASDAQ:YTRA) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 17,945 shares of the technology company’s stock, valued at approximately $25,000. 50.97% of the stock is currently owned by institutional investors and hedge funds.

About Yatra Online

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.