Yatra Online (NASDAQ:YTRA) Raised to Hold at Zacks Research

Yatra Online (NASDAQ:YTRA) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other brokerages have also recently issued reports on YTRA. Wall Street Zen raised shares of Yatra Online to a “hold” rating in a report on Saturday, December 20th. Weiss Ratings reissued a “sell (d-)” rating on shares of Yatra Online in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $3.00.

Yatra Online Trading Up 9.5%

Shares of YTRA stock opened at $1.15 on Tuesday. The company’s fifty day simple moving average is $1.18 and its two-hundred day simple moving average is $1.49. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.02 and a quick ratio of 2.02. Yatra Online has a 1 year low of $0.63 and a 1 year high of $2.00. The stock has a market capitalization of $71.63 million, a price-to-earnings ratio of -57.50 and a beta of 0.81.

Institutional Trading of Yatra Online

Hedge funds and other institutional investors have recently bought and sold shares of the company. Virtu Financial LLC bought a new stake in Yatra Online during the 3rd quarter worth approximately $25,000. Quadrature Capital Ltd bought a new stake in Yatra Online during the 4th quarter worth approximately $36,000. Corsair Capital Management L.P. bought a new stake in Yatra Online during the 4th quarter worth approximately $36,000. Jane Street Group LLC bought a new stake in Yatra Online during the 4th quarter worth approximately $60,000. Finally, XTX Topco Ltd bought a new stake in Yatra Online during the 4th quarter worth approximately $79,000. 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. 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.