71 F
New York
Wednesday, September 30, 2020

Yatra Online Inc. (NASDAQ:YTRA) Stock is Soaring, Here is Why

Must read

Darden Restaurants Inc. (NYSE:DRI) is Gaining Momentum on Earnings Catalyst

Darden Restaurants Inc. (DRI) shares are trading at higher $100.58 and the avg recommendation for the stock is Moderate Buy, while the current analyst...

Riot Blockchain Inc. (NASDAQ:RIOT) Finding Strong Support

Riot Blockchain Inc. (RIOT) shares are trading at higher $2.74. To add more color to this target, the company’s high over the last year...

Seelos Therapeutics Inc. (NASDAQ:SEEL) on the Path to Profitability

Seelos Therapeutics Inc. (SEEL) shares are trading at higher $0.78 and the avg recommendation for the stock is Moderate Buy. To add more color...

The Unprecedented Rise of American Shared Hospital Services (AMEX:AMS)

American Shared Hospital Services (AMS) shares are trading at higher $2.07 and the avg recommendation for the stock is Moderate Buy. To add more...

The Yatra Online Inc. (YTRA) shares are trading at higher $0.79 and the avg recommendation for the stock is Strong Buy.

To add more color to this target, the company’s high over the last year is $4.62 and the low is $0.65. Over the last 52 weeks, YTRA is down -82.84% while the S&P 500 is up 0.73%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, YTRA reported a profit of $27.15 million. Yatra Online Inc. also saw revenues increase to $27.56 million. In addition, YTRA has free cash flow of -$16.07 million as of 12-2019. The company’s EBITDA came in at $0.41 million which compares well with its peers.

YTRA booked profit margins of -18.20%, its Return on Equity (ROE) is -79.00%, and its Return on Assets is -13.40%. All told, it is clear that, YTRA needs to be on your watchlist.

Find out when YTRA reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. YTRA has a short ratio of 0.12 and outstanding shares of 46.48M.

Company Outlook

YTRA has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.53 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.43. Yatra Online Inc. YTRA also noted assets of $143.11 million at the end of the last quarter. Investors should also keep an eye on sector updates as YTRA has historically followed its peers on positive news.

All told, Yatra Online Inc. YTRA has strung together solid data and demonstrated underlying fundamentals. At its current valuation, YTRA represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Yatra Online Inc. YTRA is now commanding a market cap of 46.62M and a float of 34.42M. YTRA is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of YTRA stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in YTRA, either long or short, and we have not been compensated for this article.

Latest article

William Hill ADR (OTCMKTS:WIMHY) Stock Soars On Caesars’ Buzz

In a development that could have far-reaching ramifications for the gambling industry, it has emerged this week that Caesars is now it...

Sterling Bancorp (NYSE:STL) on the Path to Profitability

Sterling Bancorp (STL) shares are trading at higher $10.62 and the avg recommendation for the stock is Strong Buy, while the current analyst price...

Is Now the Time to Invest in Adobe Inc. (NASDAQ:ADBE)?

Adobe Inc. (ADBE) shares are trading at higher $488.51 and the avg recommendation for the stock is Strong Buy, while the current analyst price...

Las Vegas Sands Corp. (NYSE:LVS) Stock is Soaring, Here is Why

Las Vegas Sands Corp. (LVS) shares are trading at higher $47.62 and the avg recommendation for the stock is Strong Buy, while the current...

American Axle & Manufacturing Holdings Inc. (NYSE:AXL) is Holding Steady

American Axle & Manufacturing Holdings Inc. (AXL) shares are trading at higher $5.60 and the avg recommendation for the stock is Moderate Buy. To...