Yatra Online, Inc. (NASDAQ:YTRA – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.90 and traded as low as $1.52. Yatra Online shares last traded at $1.53, with a volume of 189,982 shares traded.
Analyst Upgrades and Downgrades
Separately, HC Wainwright restated a “buy” rating and set a $4.00 price objective on shares of Yatra Online in a research report on Tuesday, October 10th.
Yatra Online Price Performance
Yatra Online (NASDAQ:YTRA – Get Free Report) last posted its quarterly earnings results on Monday, October 16th. The technology company reported ($0.01) earnings per share for the quarter. The company had revenue of $13.48 million for the quarter. Yatra Online had a negative return on equity of 35.66% and a negative net margin of 7.57%.
Institutional Trading of Yatra Online
Institutional investors have recently added to or reduced their stakes in the business. Acadian Asset Management LLC purchased a new stake in shares of Yatra Online in the third quarter worth about $27,000. FinTrust Capital Advisors LLC boosted its holdings in Yatra Online by 31.8% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 29,420 shares of the technology company’s stock worth $59,000 after acquiring an additional 7,100 shares during the period. Susquehanna International Group LLP purchased a new position in Yatra Online in the 1st quarter worth approximately $34,000. IHT Wealth Management LLC acquired a new stake in Yatra Online in the first quarter valued at approximately $303,000. Finally, Morgan Stanley raised its stake in shares of Yatra Online by 26.7% during the fourth quarter. Morgan Stanley now owns 59,250 shares of the technology company’s stock valued at $143,000 after purchasing an additional 12,500 shares during the period. 47.37% of the stock is owned by hedge funds and other institutional investors.
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.
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