Yatra Online (NASDAQ:YTRA) Releases Earnings Results

Yatra Online (NASDAQ:YTRA) posted its earnings results on Wednesday. The technology company reported $0.01 earnings per share (EPS) for the quarter, FiscalAI reports. Yatra Online had a negative net margin of 0.99% and a negative return on equity of 1.26%.

Yatra Online Stock Performance

Shares of NASDAQ:YTRA traded up $0.03 on Wednesday, reaching $0.90. 29,853 shares of the company’s stock were exchanged, compared to its average volume of 79,198. The company has a fifty day moving average of $0.89 and a 200-day moving average of $1.06. Yatra Online has a twelve month low of $0.72 and a twelve month high of $2.00. The company has a market capitalization of $57.69 million, a price-to-earnings ratio of -22.54 and a beta of 0.73. The company has a current ratio of 2.19, a quick ratio of 2.19 and a debt-to-equity ratio of 0.03.

Wall Street Analyst Weigh In

YTRA has been the subject of several research reports. Zacks Research upgraded shares of Yatra Online from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Yatra Online in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.

Institutional Investors Weigh In On Yatra Online

Several institutional investors have recently made changes to their positions in the stock. Simcoe Capital LLC acquired a new stake in Yatra Online during the fourth quarter worth about $4,604,000. Osaic Holdings Inc. raised its position in shares of Yatra Online by 22,610.3% in the 4th quarter. Osaic Holdings Inc. now owns 177,140 shares of the technology company’s stock valued at $315,000 after buying an additional 176,360 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of Yatra Online during the 4th quarter worth approximately $79,000. Jane Street Group LLC acquired a new position in Yatra Online during the fourth quarter valued at approximately $60,000. Finally, Goldman Sachs Group Inc. lifted its stake in Yatra Online by 103.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 52,016 shares of the technology company’s stock worth $93,000 after purchasing an additional 26,510 shares during the last quarter. 50.97% of the stock is currently owned by institutional investors.

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.