Yatra Online (NASDAQ:YTRA) Trading Up 1.6% – Should You Buy?

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

Analysts Set New Price Targets

YTRA has been the subject of several recent research reports. Zacks Research raised Yatra Online from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Yatra Online in a research note on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $3.00.

Yatra Online Stock Up 1.6%

The firm has a fifty day simple moving average of $1.63 and a 200-day simple moving average of $1.33. The firm has a market cap of $118.97 million, a price-to-earnings ratio of 95.55 and a beta of 0.81. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.13 and a current ratio of 2.13.

Institutional Trading of Yatra Online

An institutional investor recently raised its position in Yatra Online stock. Acuitas Investments LLC boosted its stake in Yatra Online, Inc. (NASDAQ:YTRA) by 10.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 2,671,484 shares of the technology company’s stock after buying an additional 252,141 shares during the period. Yatra Online makes up 2.4% of Acuitas Investments LLC’s portfolio, making the stock its 19th largest holding. Acuitas Investments LLC owned 4.30% of Yatra Online worth $3,740,000 as of its most recent filing with the SEC. 50.97% of the stock is currently owned by institutional investors.

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.