HC Wainwright Has Lowered Expectations for Yatra Online (NASDAQ:YTRA) Stock Price

Yatra Online (NASDAQ:YTRA) had its target price dropped by stock analysts at HC Wainwright from $4.00 to $3.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the technology company’s stock. HC Wainwright’s price target would indicate a potential upside of 188.46% from the company’s current price.

Yatra Online Stock Down 8.8 %

Yatra Online stock opened at $1.04 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.09 and a current ratio of 2.09. Yatra Online has a one year low of $1.03 and a one year high of $1.75. The company has a 50-day simple moving average of $1.26 and a 200-day simple moving average of $1.41. The firm has a market capitalization of $65.63 million, a P/E ratio of -52.00 and a beta of 1.30.

Yatra Online (NASDAQ:YTRA) last released its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Yatra Online had a negative net margin of 1.15% and a negative return on equity of 0.30%. As a group, equities analysts expect that Yatra Online will post 0.05 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.