Yatra Online (NASDAQ:YTRA) Shares Cross Below 50 Day Moving Average – Time to Sell?

Shares of Yatra Online, Inc. (NASDAQ:YTRA) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.90 and traded as low as $0.90. Yatra Online shares last traded at $0.9805, with a volume of 37,516 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Yatra Online in a research report on Wednesday, June 24th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

Yatra Online Stock Down 1.0%

The stock has a 50-day moving average of $0.90 and a 200-day moving average of $1.03. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.24 and a quick ratio of 2.24. The firm has a market cap of $62.09 million, a price-to-earnings ratio of -24.26 and a beta of 0.73.

Yatra Online (NASDAQ:YTRA) last announced its quarterly earnings data on Wednesday, August 12th. The technology company reported $0.01 earnings per share for the quarter. The firm had revenue of $19.80 million during the quarter. Yatra Online had a negative return on equity of 2.32% and a negative net margin of 1.88%.

Institutional Investors Weigh In On Yatra Online

Several institutional investors and hedge funds have recently bought and sold shares of YTRA. Altai Capital Management L.P. acquired a new stake in Yatra Online during the second quarter worth about $3,065,000. XTX Topco Ltd bought a new stake in shares of Yatra Online during the 4th quarter worth approximately $79,000. Quadrature Capital Ltd acquired a new stake in shares of Yatra Online during the 4th quarter worth approximately $36,000. Osaic Holdings Inc. boosted its position in shares of Yatra Online by 22,610.3% during the 4th quarter. Osaic Holdings Inc. now owns 177,140 shares of the technology company’s stock worth $315,000 after acquiring an additional 176,360 shares in the last quarter. Finally, Corsair Capital Management L.P. bought a new position in Yatra Online in the fourth quarter valued at approximately $36,000. Institutional investors 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. It also offers various services, including exploring and searching comprises web and mobile platforms that enable customers to explore and search flights, hotels, holiday packages, buses, trains, and activities through its website, www.yatra.com.