Yatra Online (NASDAQ:YTRA) Stock Price Up 1.6% – Here’s Why

Yatra Online, Inc. (NASDAQ:YTRA)’s stock price was up 1.6% on Monday . The company traded as high as $1.97 and last traded at $1.91. Approximately 397,262 shares were traded during mid-day trading, an increase of 151% from the average daily volume of 158,464 shares. The stock had previously closed at $1.88.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Yatra Online in a report on Monday. Zacks Research upgraded shares of Yatra Online from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 14th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Yatra Online presently has an average rating of “Moderate Buy” and a consensus target price of $3.00.

Yatra Online Price Performance

The company has a market capitalization of $110.88 million, a P/E ratio of 89.04 and a beta of 0.81. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.13 and a quick ratio of 2.13. The firm’s 50-day moving average is $1.63 and its 200-day moving average is $1.34.

Institutional Trading of Yatra Online

An institutional investor recently bought a new position in Yatra Online stock. Virtu Financial LLC purchased a new position in Yatra Online, Inc. (NASDAQ:YTRA) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,945 shares of the technology company’s stock, valued at approximately $25,000. Institutional investors and hedge funds 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.