Yatra Online Inc (YTRA) Receives Average Rating of “Buy” from Brokerages
Yatra Online Inc (NASDAQ:YTRA) has been assigned an average rating of “Buy” from the six ratings firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $14.36.
YTRA has been the subject of several research analyst reports. Oppenheimer reiterated a “buy” rating and set a $12.00 target price on shares of Yatra Online in a research report on Wednesday, January 31st. Zacks Investment Research upgraded shares of Yatra Online from a “sell” rating to a “hold” rating in a research report on Thursday, December 14th.
Shares of YTRA stock traded down $0.03 during trading hours on Friday, reaching $6.64. 35,489 shares of the company traded hands, compared to its average volume of 220,793. Yatra Online has a 12 month low of $6.44 and a 12 month high of $12.85. The company has a debt-to-equity ratio of 10.03, a current ratio of 0.87 and a quick ratio of 0.87.
Institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. bought a new stake in Yatra Online during the fourth quarter valued at approximately $160,000. Jane Street Group LLC bought a new stake in shares of Yatra Online in the 3rd quarter worth approximately $238,000. JPMorgan Chase & Co. bought a new stake in shares of Yatra Online in the 3rd quarter worth approximately $403,000. Geode Capital Management LLC lifted its holdings in shares of Yatra Online by 499.6% in the 4th quarter. Geode Capital Management LLC now owns 74,904 shares of the technology company’s stock worth $560,000 after acquiring an additional 62,412 shares during the last quarter. Finally, Legato Capital Management LLC lifted its holdings in shares of Yatra Online by 49.3% in the 4th quarter. Legato Capital Management LLC now owns 165,965 shares of the technology company’s stock worth $1,241,000 after acquiring an additional 54,775 shares during the last quarter. Institutional investors and hedge funds own 12.35% of the company’s stock.
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About Yatra Online
Yatra Online, Inc is an India-based consumer travel platform and online travel agent. The Company’s segments include Air Ticketing, Hotels and Packages, and Others. Through Internet and mobile-based platform and call-centers, the Company provides the facility to book and service international and domestic air tickets to customer through business-to-consumer (B2C) and business-to-business-to-consumer (B2B2C) channel.
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