Yatra Online (NASDAQ:YTRA) Posts Earnings Results

Yatra Online (NASDAQ:YTRA) posted its quarterly earnings results on Thursday. The technology company reported ($0.03) earnings per share for the quarter, FiscalAI reports. The company had revenue of $22.27 million for the quarter. Yatra Online had a negative return on equity of 2.32% and a negative net margin of 1.88%.

Yatra Online Price Performance

YTRA stock traded down $0.06 during trading on Thursday, reaching $0.77. 51,691 shares of the company were exchanged, compared to its average volume of 64,783. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.24 and a current ratio of 2.24. The stock’s 50 day moving average price is $0.94 and its 200 day moving average price is $1.02. Yatra Online has a 52-week low of $0.72 and a 52-week high of $1.97. The company has a market cap of $49.55 million, a P/E ratio of -19.36 and a beta of 0.79.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Yatra Online stock. Altai Capital Management L.P. purchased a new position in shares of Yatra Online, Inc. (NASDAQ:YTRA) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,252,708 shares of the technology company’s stock, valued at approximately $3,065,000. Yatra Online makes up approximately 6.2% of Altai Capital Management L.P.’s portfolio, making the stock its 4th biggest position. Altai Capital Management L.P. owned 5.08% of Yatra Online at the end of the most recent quarter. 50.97% of the stock is owned by institutional investors and hedge funds.

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.