Yatra Online (NASDAQ:YTRA) Shares Down 5.2% – Here’s Why

Yatra Online, Inc. (NASDAQ:YTRA) shares fell 5.2% on Wednesday . The stock traded as low as $1.18 and last traded at $1.18. 189,248 shares traded hands during mid-day trading, an increase of 38% from the average session volume of 136,710 shares. The stock had previously closed at $1.25.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reaffirmed a “buy” rating and set a $4.00 price target on shares of Yatra Online in a research note on Thursday, November 14th.

Yatra Online Stock Performance

The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.03. The business has a 50 day moving average price of $1.36 and a 200 day moving average price of $1.41. The stock has a market cap of $74.78 million, a P/E ratio of -59.25 and a beta of 1.30.

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.