Yatra Online (NASDAQ:YTRA) Issues Earnings Results

Yatra Online (NASDAQ:YTRA) issued its quarterly earnings data on Wednesday. The technology company reported $0.01 earnings per share (EPS) for the quarter, FiscalAI reports. Yatra Online had a negative return on equity of 1.26% and a negative net margin of 0.99%.The business had revenue of $19.80 million for the quarter.

Yatra Online Price Performance

Yatra Online stock traded down $0.00 during midday trading on Thursday, hitting $0.90. 8,448 shares of the company’s stock were exchanged, compared to its average volume of 78,726. The company has a market cap of $57.59 million, a P/E ratio of -22.50 and a beta of 0.73. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.19 and a current ratio of 2.19. The stock has a 50-day moving average price of $0.89 and a two-hundred day moving average price of $1.06. Yatra Online has a 52-week low of $0.72 and a 52-week high of $2.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Yatra Online in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

Institutional Trading of Yatra Online

A number of large investors have recently modified their holdings of the business. Simcoe Capital LLC bought a new position in shares of Yatra Online in the fourth quarter worth approximately $4,604,000. Osaic Holdings Inc. raised its stake in Yatra Online by 22,610.3% in the fourth quarter. Osaic Holdings Inc. now owns 177,140 shares of the technology company’s stock valued at $315,000 after purchasing an additional 176,360 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Yatra Online by 103.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 52,016 shares of the technology company’s stock valued at $93,000 after purchasing an additional 26,510 shares during the last quarter. XTX Topco Ltd bought a new stake in Yatra Online during the fourth quarter valued at approximately $79,000. Finally, Quadrature Capital Ltd purchased a new position in Yatra Online in the 4th quarter worth approximately $36,000. 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.