Zacks Investment Research cut shares of Yatra Online (NASDAQ:YTRA) from a hold rating to a sell rating in a research note published on Friday.

According to Zacks, “Yatra Online, Inc. provides online travel agency services. The company operates through website www.yatra.com, mobile applications and associated platforms to book airline, railway and bus tickets as well as car and hotel accommodations for customers. Its product portfolio includes flights, hotels, trains, holidays, bus and activities. Yatra Online, Inc. is headquatered in New Delhi, India. “

Several other equities analysts have also issued reports on YTRA. Ladenburg Thalmann Financial Services started coverage on Yatra Online in a research note on Thursday, September 7th. They issued a buy rating and a $15.00 price target on the stock. Oppenheimer reissued a buy rating and issued a $13.00 price target (down from $15.00) on shares of Yatra Online in a research note on Monday, November 6th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company. Yatra Online has an average rating of Buy and an average price target of $14.56.

Yatra Online (NASDAQ:YTRA) opened at $8.18 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of -1.47. Yatra Online has a 12 month low of $7.71 and a 12 month high of $12.85.

A number of institutional investors and hedge funds have recently modified their holdings of YTRA. Whetstone Capital Advisors LLC acquired a new position in Yatra Online in the third quarter valued at approximately $3,665,000. First Trust Advisors LP bought a new stake in shares of Yatra Online during the third quarter valued at approximately $3,242,000. Legato Capital Management LLC bought a new stake in shares of Yatra Online during the third quarter valued at approximately $1,204,000. Royce & Associates LP bought a new stake in shares of Yatra Online during the second quarter valued at approximately $843,000. Finally, Ameriprise Financial Inc. bought a new stake in shares of Yatra Online during the second quarter valued at approximately $796,000. 10.14% of the stock is currently owned by hedge funds and other institutional investors.

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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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Analyst Recommendations for Yatra Online (NASDAQ:YTRA)

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