Yatra Online (NASDAQ:YTRA) Releases Earnings Results

Yatra Online (NASDAQ:YTRA) released its earnings results on Thursday. The technology company reported ($0.03) earnings per share (EPS) for the quarter, FiscalAI reports. Yatra Online had a negative return on equity of 2.32% and a negative net margin of 1.88%. The company had revenue of $18.96 million for the quarter.

Yatra Online Stock Up 10.4%

Shares of Yatra Online stock traded up $0.08 on Friday, reaching $0.85. 2,571 shares of the company were exchanged, compared to its average volume of 64,499. Yatra Online has a one year low of $0.72 and a one year high of $1.97. The company has a market capitalization of $54.71 million, a price-to-earnings ratio of -21.38 and a beta of 0.79. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average of $0.94 and a 200 day moving average of $1.01.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Yatra Online stock. Altai Capital Management L.P. bought a new position in shares of Yatra Online, Inc. (NASDAQ:YTRA) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 3,252,708 shares of the technology company’s stock, valued at approximately $3,065,000. Yatra Online comprises about 6.2% of Altai Capital Management L.P.’s portfolio, making the stock its 4th biggest holding. Altai Capital Management L.P. owned about 5.08% of Yatra Online as of its most recent SEC filing. Institutional investors own 50.97% of the company’s stock.

About Yatra Online

Yatra Online, Inc. is an India-focused online travel company that operates the Yatra platform. Through its website and mobile application, the company enables customers to research, compare and book air tickets, hotels, holiday packages, buses, trains, activities and other travel-related services. The company serves individual travelers as well as corporate customers. Its corporate travel offering, Yatra for Business, provides travel booking and management services for organizations, while its consumer platform offers travel products in India and access to international destinations through airline, hotel and other travel suppliers.