Yatra Online (NASDAQ:YTRA) Trading 1.6% Higher – What’s Next?

Yatra Online, Inc. (NASDAQ:YTRA) 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 trading, an increase of 151% from the average daily 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 research analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Yatra Online in a report on Monday, December 8th. Zacks Research raised Yatra Online from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Yatra Online presently has a consensus rating of “Moderate Buy” and a consensus target price of $3.00.

Yatra Online Stock Performance

The stock has a market capitalization of $118.97 million, a price-to-earnings ratio of 95.55 and a beta of 0.81. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 0.04. The stock’s 50 day moving average is $1.63 and its two-hundred day moving average is $1.33.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Yatra Online stock. Acuitas Investments LLC raised its holdings in Yatra Online, Inc. (NASDAQ:YTRA) by 10.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. 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 accounts for about 2.4% of Acuitas Investments LLC’s portfolio, making the stock its 19th largest holding. Acuitas Investments LLC owned about 4.30% of Yatra Online worth $3,740,000 as of its most recent SEC filing. 50.97% of the stock is currently owned by institutional investors and hedge funds.

About Yatra Online

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.