Yatra Online (NASDAQ:YTRA) Posts Earnings Results, Beats Expectations By $0.59 EPS

Key Points

• Yatra Online reported earnings of $0.01 per share, exceeding expectations by $0.59, as analysts had predicted a loss of $0.58 per share.
• Shares of Yatra Online experienced a slight increase of 0.3%, trading at $0.90, with a market capitalization of $56.96 million.
• Analysts from HC Wainwright reaffirmed a "buy" rating on Yatra Online with a target price of $3.00, potentially indicating confidence in the company's future growth.

Yatra Online (NASDAQ:YTRA - Get Free Report) posted its earnings results on Friday. The technology company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.58) by $0.59, Zacks reports. Yatra Online had a negative return on equity of 1.38% and a negative net margin of 1.34%.

Yatra Online Stock Up 0.3%

Shares of NASDAQ YTRA traded up $0.00 during midday trading on Friday, hitting $0.90. 102,619 shares of the company's stock were exchanged, compared to its average volume of 88,261. The firm's fifty day simple moving average is $0.95 and its 200-day simple moving average is $0.90. The company has a market cap of $56.96 million, a PE ratio of -90.25 and a beta of 1.05. Yatra Online has a twelve month low of $0.58 and a twelve month high of $1.75. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.09 and a quick ratio of 2.09.

Analyst Ratings Changes

Separately, HC Wainwright reissued a "buy" rating and issued a $3.00 target price on shares of Yatra Online in a research report on Tuesday, June 3rd.

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.

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