Zacks Research Downgrades Yatra Online (NASDAQ:YTRA) to Hold

Yatra Online (NASDAQ:YTRA) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

A number of other analysts have also issued reports on YTRA. Wall Street Zen raised shares of Yatra Online to a “hold” rating in a research note on Saturday, December 20th. Weiss Ratings restated a “sell (d-)” rating on shares of Yatra Online in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Yatra Online currently has a consensus rating of “Hold” and an average target price of $3.00.

Yatra Online Price Performance

Shares of NASDAQ:YTRA opened at $1.75 on Monday. Yatra Online has a one year low of $0.58 and a one year high of $2.00. The stock has a market cap of $109.01 million, a PE ratio of 87.54 and a beta of 0.78. The business’s fifty day moving average price is $1.71 and its two-hundred day moving average price is $1.45. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.13 and a current ratio of 2.13.

Institutional Investors Weigh In On Yatra Online

An institutional investor recently bought a new position in Yatra Online stock. Virtu Financial LLC purchased a new position in Yatra Online, Inc. (NASDAQ:YTRA) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 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.

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.