EUR 2.38 YATRA.AS Yatra Capital (EURONEXT) intraday bounce: watch 2.90 target
We see YATRA.AS stock trading at EUR 2.38 on EURONEXT today after an intraday bounce from the session low. Volume is light at 120 shares but relative volume is high at 30.00, signalling concentrated activity in a thin market. The move tests short-term resistance at EUR 2.90, the year high, making this a classic oversold bounce setup we are monitoring for a quick scalp or short-term trade. We will set clear levels, factor fundamentals, and show how Meyka AI’s score and forecast shape a short-term plan.
Intraday price action and setup
Price opened at EUR 2.38 and bounced to a day high of EUR 2.90 on volume 120 versus average volume 4, giving a relative volume spike. One clear fact: the stock is illiquid and volatile intraday. For traders using an oversold bounce strategy, the key is tight risk management and using the EUR 2.38 intraday low as immediate support. If buyers hold above 2.38, a push toward 2.90 is the logical target. If the stock falls back below 2.38, we expect a drop to EUR 2.10 as the next technical support.
Why an oversold bounce matters for YATRA.AS stock
The oversold bounce setup matters because YATRA.AS has a compressed trading range: 52-week high EUR 2.90 and low EUR 2.38. Small capital flows can move price quickly. We view short-term bounces as tactical opportunities, not long-term endorsements. Traders can capture a mean-reversion move to resistance while keeping stops tight. Given the stock’s low liquidity, execution risk is higher than for larger Financial Services names in Europe.
Fundamentals and valuation snapshot
Yatra Capital Limited shows weak operating metrics but positive tangible assets per share. Key numbers: EPS -0.12, PE -20.70, Price/Book 5.41, Price/Sales 6.19 and market cap about EUR 675,518.00. Book value per share is EUR 0.44 and cash per share EUR 0.46, so the company holds some net tangible value. Sector context: Financial Services peers trade higher liquidity and an average P/E near 20.85 in Europe. We treat YATRA.AS fundamentals as structural headwinds for long-term investors but neutral to supportive for short-term bounce trades.
Technical indicators and levels for YATRA.AS stock
Technicals are thin: reported RSI and MACD read 0.00 on the data feed, reflecting sparse intraday history. Practical levels matter more than signals here. Short-term levels to watch: Support EUR 2.38, Immediate target EUR 2.90, and a conservative stop at EUR 2.30 for intraday traders. A break and hold above 2.90 would open a secondary target near EUR 3.20. Use limit orders and watch the tight spread on fills given average volume of 4 shares.
Meyka AI grade and model forecast
Meyka AI rates YATRA.AS with a score of 42/100 (C, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. It reflects weak profitability, small market cap, and low liquidity balanced against tangible asset value per share.
Meyka AI’s forecast model projects a 1-year price of EUR 2.31. Compared with the current price EUR 2.38, that implies an expected move of -3.10%. Forecasts are model-based projections and not guarantees. We present this to frame risk in a short-term bounce trade versus a longer-term hold.
Risks, trade rules and sector context
Primary risks include severe illiquidity, negative EPS, and valuation ratios such as PB 5.41 that are high relative to book value. Macro or sector news in Financial Services can widen spreads fast. For an oversold bounce play we recommend: (1) trade small size, (2) place a stop at EUR 2.30, (3) target EUR 2.90 for a quick exit, and (4) avoid overnight exposure. The broader Financial Services sector in Europe has higher liquidity and average P/E, so YATRA.AS remains a tactical, not core, position.
Final Thoughts
Key takeaways: YATRA.AS stock is trading at EUR 2.38 on EURONEXT and shows a live intraday oversold bounce toward EUR 2.90. The setup fits a short-term mean-reversion trade for nimble traders because volume is concentrated and the spread can move quickly. Fundamentals are weak — EPS -0.12, PE -20.70, PB 5.41 — so longer-term upside is limited without improved earnings or liquidity. Meyka AI’s score of 42/100 (C, HOLD) and a 1-year model projection of EUR 2.31 (implied -3.10% from current price) underline that this is a tactical bounce, not a buy-and-hold signal. Trade small, use tight stops, and consider the EUR 2.38 intraday low as the primary risk line. For quick reference, see YATRA.AS on Meyka for live tools and the Seeking Alpha valuation note for related market context source. For market flow guidance on thin names, consult MarketBeat news flows source. Meyka AI provides this analysis as an AI-powered market analysis platform; forecasts and grades are model outputs, not personalized investment advice.
FAQs
Is YATRA.AS stock a buy after the intraday bounce?
This looks like a short-term oversold bounce opportunity only. Fundamentals and Meyka AI grade 42/100 (C, HOLD) argue against a buy-and-hold. If you trade, size small, set a stop near EUR 2.30, and target EUR 2.90 for a quick exit.
What is Meyka AI’s price forecast for YATRA.AS stock?
Meyka AI’s forecast model projects EUR 2.31 in one year. Versus the current EUR 2.38, that implies an expected move of -3.10%. Forecasts are model-based projections and not guarantees.
Which levels should traders watch on EURONEXT today?
Watch support EUR 2.38 (intraday low), initial target EUR 2.90 (day high/year high), and a trade stop at EUR 2.30. Volume and spreads matter more than indicators in this illiquid stock.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
