Yatra Online (NASDAQ:YTRA) Downgraded by Zacks Research to Hold

Zacks Research lowered shares of Yatra Online (NASDAQ:YTRA) from a strong-buy rating to a hold rating in a report published on Monday,Zacks.com reports.

Other analysts have also recently issued research reports about the company. Wall Street Zen raised Yatra Online to a “hold” rating in a research 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 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. According to data from MarketBeat.com, Yatra Online currently has a consensus rating of “Hold” and a consensus target price of $3.00.

Yatra Online Trading Up 2.3%

Yatra Online stock traded up $0.04 during trading hours on Monday, hitting $1.79. The company had a trading volume of 27,309 shares, compared to its average volume of 101,610. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.13 and a current ratio of 2.13. The firm has a market cap of $111.50 million, a P/E ratio of 89.54 and a beta of 0.78. The company has a 50-day moving average price of $1.71 and a two-hundred day moving average price of $1.45. Yatra Online has a 1 year low of $0.58 and a 1 year high of $2.00.

Hedge Funds Weigh In On Yatra Online

A hedge fund recently bought a new stake in Yatra Online stock. Virtu Financial LLC bought a new position in Yatra Online, Inc. (NASDAQ:YTRA) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 17,945 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.

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.