Yatra Online (NASDAQ:YTRA) Stock Passes Below 50-Day Moving Average – Should You Sell?

Yatra Online, Inc. (NASDAQ:YTRA)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.90 and traded as low as $0.8431. Yatra Online shares last traded at $0.85, with a volume of 72,153 shares trading hands.

Analyst Ratings Changes

YTRA has been the topic of several recent analyst reports. Zacks Research upgraded shares of Yatra Online from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. 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 company. According to MarketBeat, the company presently has an average rating of “Reduce”.

Yatra Online Price Performance

The stock has a market cap of $57.69 million, a P/E ratio of -22.54 and a beta of 0.73. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.19 and a current ratio of 2.19. The firm has a 50-day moving average price of $0.89 and a 200-day moving average price of $1.06.

Yatra Online (NASDAQ:YTRA) last released its quarterly earnings results on Wednesday, August 12th. The technology company reported $0.01 earnings per share for the quarter. The company had revenue of $19.80 million for the quarter. Yatra Online had a negative return on equity of 1.26% and a negative net margin of 0.99%.

Institutional Trading of Yatra Online

A number of hedge funds have recently modified their holdings of YTRA. Virtu Financial LLC purchased a new stake in shares of Yatra Online in the 3rd quarter worth about $25,000. Corsair Capital Management L.P. purchased a new position in Yatra Online during the 4th quarter valued at about $36,000. Quadrature Capital Ltd bought a new stake in Yatra Online during the fourth quarter worth about $36,000. Jane Street Group LLC bought a new stake in Yatra Online during the fourth quarter worth about $60,000. Finally, XTX Topco Ltd purchased a new stake in Yatra Online in the fourth quarter worth about $79,000. 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.