Yatra Online (NASDAQ:YTRA) Cut to “Sell” at Zacks Investment Research

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Yatra Online (NASDAQ:YTRA) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Sunday, Zacks.com reports.

According to Zacks, “Yatra Online, Inc. provides online travel agency services. The company operates through website www.yatra.com, mobile applications and associated platforms to book airline, railway and bus tickets as well as car and hotel accommodations for customers. Its product portfolio includes flights, hotels, trains, holidays, bus and activities. Yatra Online, Inc. is headquatered in New Delhi, India. “

Separately, ValuEngine cut shares of Zosano Pharma from a “buy” rating to a “hold” rating in a research note on Wednesday, May 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $7.38.

Shares of NASDAQ:YTRA opened at $3.72 on Friday. The business has a 50 day simple moving average of $3.92. Yatra Online has a twelve month low of $3.43 and a twelve month high of $6.66. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.02. The company has a market cap of $161.18 million, a PE ratio of -2.62 and a beta of 0.98.

Several large investors have recently modified their holdings of YTRA. LPL Financial LLC grew its stake in shares of Yatra Online by 5.8% during the fourth quarter. LPL Financial LLC now owns 120,807 shares of the technology company’s stock worth $486,000 after acquiring an additional 6,640 shares during the last quarter. O Brien Greene & Co. Inc purchased a new stake in shares of Yatra Online during the fourth quarter worth about $587,000. Legato Capital Management LLC grew its stake in shares of Yatra Online by 2.0% during the first quarter. Legato Capital Management LLC now owns 356,675 shares of the technology company’s stock worth $1,751,000 after acquiring an additional 7,089 shares during the last quarter. AltraVue Capital LLC grew its stake in shares of Yatra Online by 5.8% during the first quarter. AltraVue Capital LLC now owns 2,033,851 shares of the technology company’s stock worth $9,986,000 after acquiring an additional 110,721 shares during the last quarter. Finally, Delta Investment Management LLC purchased a new stake in shares of Yatra Online during the first quarter worth about $49,000. Hedge funds and other institutional investors own 35.03% of the company’s stock.

About Yatra Online

Yatra Online, Inc operates as an online travel company in India and internationally. The company provides travel-related services, including domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, and activities and ancillary services for leisure and business travelers.

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