HC Wainwright Reaffirms Buy Rating for Yatra Online (NASDAQ:YTRA)

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

Yatra Online Stock Up 6.9 %

YTRA opened at $1.40 on Thursday. The company has a market cap of $88.35 million, a PE ratio of -70.00 and a beta of 1.25. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.41 and a current ratio of 2.41. Yatra Online has a 1 year low of $1.07 and a 1 year high of $1.93. The firm has a 50 day moving average price of $1.57 and a 200 day moving average price of $1.43.

Yatra Online (NASDAQ:YTRA) last posted its quarterly earnings data on Monday, August 12th. The technology company reported ($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.01). The company had revenue of $12.61 million during the quarter, compared to analysts’ expectations of $18.72 million. Yatra Online had a negative net margin of 1.15% and a negative return on equity of 0.30%. Sell-side analysts expect that Yatra Online will post 0.02 earnings per share for the current 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.