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

Yatra Online (NASDAQ:YTRA) had its target price cut by analysts at HC Wainwright from $4.00 to $3.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. HC Wainwright’s target price points to a potential upside of 191.26% from the company’s current price.

Yatra Online Price Performance

YTRA stock opened at $1.03 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 1 year low of $0.98 and a 1 year high of $1.75. The firm has a market cap of $65.00 million, a P/E ratio of -51.50 and a beta of 1.30. The stock has a 50-day simple moving average of $1.24 and a 200-day simple moving average of $1.40.

Yatra Online (NASDAQ:YTRA) last issued its quarterly earnings results on Tuesday, February 11th. The technology company reported $0.01 EPS 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%. On average, equities analysts predict that Yatra Online will post 0.05 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.