Yatra Online, Inc. (NASDAQ:YTRA - Get Free Report) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 37,600 shares, an increase of 571.4% from the April 30th total of 5,600 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 85,200 shares, the short-interest ratio is presently 0.4 days.
Institutional Trading of Yatra Online
A hedge fund recently bought a new stake in Yatra Online stock. Millennium Management LLC bought a new position in shares of Yatra Online, Inc. (NASDAQ:YTRA - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,639 shares of the technology company's stock, valued at approximately $25,000. 50.97% of the stock is currently owned by institutional investors.
Yatra Online Stock Performance
Shares of NASDAQ YTRA traded down $0.00 during midday trading on Monday, hitting $0.99. 82,282 shares of the company's stock were exchanged, compared to its average volume of 129,816. Yatra Online has a twelve month low of $0.58 and a twelve month high of $1.75. The firm has a market cap of $62.31 million, a P/E ratio of -98.72 and a beta of 0.89. The stock's 50 day moving average price is $0.74 and its 200-day moving average price is $1.02. 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 (NASDAQ:YTRA - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.04). The business had revenue of $25.66 million for the quarter, compared to analyst estimates of $2.26 billion. Yatra Online had a positive return on equity of 0.27% and a negative net margin of 0.46%. Equities research analysts anticipate that Yatra Online will post 0.04 EPS for the current year.
Analysts Set New Price Targets
Separately, HC Wainwright reiterated a "buy" rating and issued a $3.00 price objective on shares of Yatra Online in a research report on Wednesday, May 28th.
Check Out Our Latest Research Report on YTRA
About Yatra Online
(
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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.
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