Yatra Online (NASDAQ:YTRA) Earns Buy Rating from HC Wainwright

Yatra Online (NASDAQ:YTRA)‘s stock had its “buy” rating reaffirmed by analysts at HC Wainwright in a research note issued on Tuesday, Benzinga reports. They presently have a $4.00 price objective on the technology company’s stock. HC Wainwright’s price target points to a potential upside of 153.16% from the company’s previous close.

Yatra Online Trading Up 7.2 %

YTRA stock opened at $1.58 on Tuesday. Yatra Online has a 52 week low of $1.07 and a 52 week high of $2.67. The company has a market capitalization of $100.57 million, a PE ratio of -22.57 and a beta of 1.22. The company’s 50-day simple moving average is $1.30 and its 200 day simple moving average is $1.41. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.41 and a current ratio of 2.41.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Yatra Online stock. Gerber LLC acquired a new position in shares of Yatra Online, Inc. (NASDAQ:YTRA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 16,135 shares of the technology company’s stock, valued at approximately $26,000. Institutional investors and hedge funds 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.