2,586,257 Shares in Yatra Online, Inc. $YTRA Bought by Simcoe Capital LLC

Simcoe Capital LLC purchased a new position in Yatra Online, Inc. (NASDAQ:YTRA) in the fourth quarter, HoldingsChannel reports. The fund purchased 2,586,257 shares of the technology company’s stock, valued at approximately $4,604,000. Yatra Online makes up about 4.3% of Simcoe Capital LLC’s portfolio, making the stock its 5th biggest holding.

Separately, Virtu Financial LLC bought a new stake in shares of Yatra Online in the third quarter worth $25,000. 50.97% of the stock is currently owned by institutional investors.

Yatra Online Stock Down 2.1%

YTRA stock opened at $0.94 on Wednesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.02 and a quick ratio of 2.02. Yatra Online, Inc. has a 1-year low of $0.68 and a 1-year high of $2.00. The firm has a fifty day moving average price of $1.06 and a two-hundred day moving average price of $1.42. The firm has a market cap of $58.55 million, a price-to-earnings ratio of -47.00 and a beta of 0.74.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Yatra Online from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 14th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $3.00.

Yatra Online Profile

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. It also offers various services, including exploring and searching comprises web and mobile platforms that enable customers to explore and search flights, hotels, holiday packages, buses, trains, and activities through its website, www.yatra.com.