Yatra Online, Inc. (NASDAQ:YTRA) Stock Position Trimmed by Renaissance Technologies LLC

Renaissance Technologies LLC lowered its stake in Yatra Online, Inc. (NASDAQ:YTRA) by 12.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 547,136 shares of the technology company’s stock after selling 79,100 shares during the quarter. Renaissance Technologies LLC owned about 0.86% of Yatra Online worth $651,000 at the end of the most recent quarter.

Separately, Gerber LLC acquired a new stake in shares of Yatra Online during the fourth quarter valued at approximately $26,000. 50.97% of the stock is currently owned by institutional investors.

Yatra Online Stock Up 0.6 %

Yatra Online stock opened at $1.65 on Wednesday. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.03. Yatra Online, Inc. has a 1-year low of $1.07 and a 1-year high of $2.20. The firm’s fifty day simple moving average is $1.50 and its 200-day simple moving average is $1.42. The company has a market capitalization of $105.02 million, a P/E ratio of -23.57 and a beta of 1.23.

Yatra Online (NASDAQ:YTRA) last posted its quarterly earnings data on Monday, August 12th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). The business had revenue of $12.61 million during the quarter, compared to the consensus estimate of $18.72 million. Yatra Online had a negative net margin of 7.62% and a negative return on equity of 1.31%. Sell-side analysts forecast that Yatra Online, Inc. will post 0.02 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright restated a “buy” rating and issued a $4.00 target price on shares of Yatra Online in a report on Tuesday, September 3rd.

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.