Yatra Online (NASDAQ:YTRA) Receives “Buy” Rating from HC Wainwright

Yatra Online (NASDAQ:YTRA)‘s stock had its “buy” rating reiterated by equities researchers at HC Wainwright in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $4.00 price target on the technology company’s stock. HC Wainwright’s price target points to a potential upside of 185.71% from the stock’s previous close.

Yatra Online Stock Performance

Shares of YTRA opened at $1.40 on Thursday. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.03. The company has a 50-day simple moving average of $1.57 and a 200-day simple moving average of $1.43. Yatra Online has a 52-week low of $1.07 and a 52-week high of $1.93. The company has a market capitalization of $88.35 million, a PE ratio of -70.00 and a beta of 1.25.

Yatra Online (NASDAQ:YTRA) last announced its quarterly earnings results on Monday, August 12th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). Yatra Online had a negative net margin of 1.15% and a negative return on equity of 0.30%. The company had revenue of $12.61 million for the quarter, compared to the consensus estimate of $18.72 million. Equities research analysts predict that Yatra Online will post 0.02 earnings per share for the current fiscal year.

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.