Simcoe Capital LLC Takes Position in Yatra Online, Inc. $YTRA

Simcoe Capital LLC bought a new stake in Yatra Online, Inc. (NASDAQ:YTRA) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,586,257 shares of the technology company’s stock, valued at approximately $4,604,000. Yatra Online accounts for about 4.3% of Simcoe Capital LLC’s investment portfolio, making the stock its 5th biggest holding. Simcoe Capital LLC owned 4.15% of Yatra Online as of its most recent filing with the Securities & Exchange Commission.

Separately, Virtu Financial LLC purchased a new position in shares of Yatra Online in the third quarter valued at $25,000. Institutional investors own 50.97% of the company’s stock.

Yatra Online Stock Down 2.1%

Shares of NASDAQ:YTRA opened at $0.94 on Wednesday. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.03. The company has a fifty day simple moving average of $1.06 and a 200 day simple moving average of $1.42. The firm has a market cap of $58.55 million, a PE ratio of -47.00 and a beta of 0.74. Yatra Online, Inc. has a 12-month low of $0.68 and a 12-month high of $2.00.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Yatra Online from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 14th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $3.00.

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.