Yatra Online (NASDAQ:YTRA) Share Price Passes Below Fifty Day Moving Average - Should You Sell?

Key Points

• Yatra Online shares fell below their 50-day moving average, trading as low as $0.8431 and last changing hands at $0.85, compared with a 50-day average of $0.90.
• Analyst sentiment remains cautious: Weiss Ratings reaffirmed a “sell” rating, while Zacks Research upgraded the stock to “hold.” The two-analyst consensus rating is “Reduce.”
• The company has a market capitalization of approximately $54.4 million, and institutional investors own 50.97% of its shares. Its 200-day moving average is $1.07, above the current price.

Shares of Yatra Online, Inc. (NASDAQ:YTRA - Get Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.90 and traded as low as $0.8431. Yatra Online shares last traded at $0.85, with a volume of 72,153 shares.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Yatra Online in a research report on Wednesday, June 24th. Zacks Research raised shares of Yatra Online from a "strong sell" rating to a "hold" rating in a research report on Tuesday, April 14th. One investment 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 company has a consensus rating of "Reduce".

Yatra Online Stock Performance

The company has a fifty day moving average of $0.90 and a two-hundred day moving average of $1.07. The stock has a market capitalization of $54.39 million, a P/E ratio of -21.25 and a beta of 0.73. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.19 and a quick ratio of 2.19.

Institutional Investors Weigh In On Yatra Online

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Virtu Financial LLC acquired a new position in shares of Yatra Online in the 3rd quarter worth approximately $25,000. Corsair Capital Management L.P. acquired a new stake in Yatra Online during the fourth quarter valued at approximately $36,000. Quadrature Capital Ltd bought a new stake in Yatra Online during the fourth quarter worth approximately $36,000. Goldman Sachs Group Inc. boosted its holdings 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 buying an additional 26,510 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Yatra Online in the fourth quarter worth approximately $60,000. 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.

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