Yatra Online (NASDAQ:YTRA) Given Buy Rating at HC Wainwright

HC Wainwright reiterated their buy rating on shares of Yatra Online (NASDAQ:YTRA - Free Report) in a research note released on Tuesday morning,Benzinga reports. The firm currently has a $3.00 price objective on the technology company's stock.

Yatra Online Trading Down 2.3%

NASDAQ YTRA traded down $0.02 during trading on Tuesday, hitting $0.96. 42,212 shares of the company's stock traded hands, compared to its average volume of 127,195. The stock has a fifty day moving average of $0.75 and a two-hundred day moving average of $1.01. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.22 and a quick ratio of 2.22. Yatra Online has a 12-month low of $0.58 and a 12-month high of $1.75. The firm has a market cap of $60.45 million, a P/E ratio of -95.78 and a beta of 0.89.

Yatra Online (NASDAQ:YTRA - Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.04). Yatra Online had a negative net margin of 0.46% and a positive return on equity of 0.27%. The business had revenue of $25.66 million for the quarter, compared to analysts' expectations of $2.26 billion. As a group, sell-side analysts expect that Yatra Online will post 0.04 EPS for the current year.

Institutional Trading of Yatra Online

An institutional investor recently bought a new position in Yatra Online stock. Millennium Management LLC bought a new position in shares of Yatra Online, Inc. (NASDAQ:YTRA - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 19,639 shares of the technology company's stock, valued at approximately $25,000. Hedge funds and other institutional investors own 50.97% of the company's stock.

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.