Yatra Online (NASDAQ:YTRA) Stock Price Passes Below 50 Day Moving Average of $1.90

Yatra Online, Inc. (NASDAQ:YTRAGet 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.

Read Our Latest Research Report on Yatra Online

Yatra Online Price Performance

The stock has a market capitalization of $97.38 million, a PE ratio of -21.85 and a beta of 1.38. The company’s 50 day simple moving average is $1.90 and its 200 day simple moving average is $2.05. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.51.

Yatra Online (NASDAQ:YTRAGet 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

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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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