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NEW YORK/GURUGRAM - Yatra Online, Inc. (NASDAQ:YTRA) has regained compliance with Nasdaq’s minimum bid price requirement, the company announced Tuesday. The stock, currently trading at $1.48, has shown remarkable strength with a 45% gain over the past six months, according to InvestingPro data.
According to a letter from the Nasdaq Stock Market’s Listing Qualifications Department, Yatra’s shares maintained a closing bid price of at least $1.00 per share for 11 consecutive business days from August 11 through August 25, 2025. This satisfies the exchange’s Listing Rule 5550(a)(2), allowing the company to remain listed on the Nasdaq Capital Market. The company, with a market capitalization of $84 million, maintains strong liquidity with a current ratio of 1.99.
The India-based travel services provider, which describes itself as India’s largest corporate travel services provider with over 1,300 large corporate clients and approximately 59,000 registered SME customers, had previously fallen below the minimum bid threshold required by the exchange.
Nasdaq considers the compliance matter closed, according to the company’s press release statement.
Yatra Online, Inc. serves as the parent company of Yatra Online Limited, which is publicly listed on India’s National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The company offers various travel-related services including domestic and international air ticketing, bus ticketing, rail ticketing, and cab bookings through its mobile applications and website.
In other recent news, Yatra Online Inc. reported its Q1 2025 earnings, showing a mixed financial performance. The company’s revenue for the quarter was $24.47 million, which exceeded forecasts by 32.27%. However, the earnings per share (EPS) fell short of expectations, coming in at $0.01 compared to the forecasted $0.03, marking a 66.67% miss. Despite this shortfall in EPS, the market responded positively. These recent developments indicate a complex financial picture for Yatra Online, with strong revenue performance but challenges in meeting EPS projections. Investors and analysts will likely be watching closely for future updates from the company.
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