Yatra Online (NASDAQ:YTRA) Trading Down 0.6% - Should You Sell?

Yatra Online, Inc. (NASDAQ:YTRA - Get Free Report)'s stock price traded down 0.6% during trading on Monday . The stock traded as low as $0.95 and last traded at $0.97. 16,984 shares changed hands during trading, a decline of 85% from the average session volume of 112,135 shares. The stock had previously closed at $0.98.

Wall Street Analyst Weigh In

Separately, HC Wainwright restated a "buy" rating and set a $3.00 price objective on shares of Yatra Online in a research note on Tuesday, June 3rd.

Yatra Online Stock Down 0.6%

The firm has a 50 day simple moving average of $0.87 and a two-hundred day simple moving average of $0.94. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.09 and a current ratio of 2.09. The stock has a market cap of $61.22 million, a P/E ratio of -97.00 and a beta of 1.06.

Yatra Online (NASDAQ:YTRA - Get Free Report) last announced its 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). Yatra Online had a negative return on equity of 1.38% and a negative net margin of 1.34%. The company had revenue of $25.66 million for the quarter, compared to analyst estimates of $2.26 billion. Equities research analysts predict that Yatra Online, Inc. will post 0.04 earnings per share for the current year.

Hedge Funds Weigh In On Yatra Online

An institutional investor recently bought a new position in Yatra Online stock. Millennium Management LLC purchased a new stake in Yatra Online, Inc. (NASDAQ:YTRA - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 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.

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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