ValuEngine Upgrades Leju (LEJU) to Sell

ValuEngine upgraded shares of Leju (NYSE:LEJU) from a strong sell rating to a sell rating in a research report released on Sunday morning.

Other analysts have also recently issued reports about the stock. BidaskClub raised shares of Leju from a sell rating to a hold rating in a research note on Sunday, September 24th. Zacks Investment Research cut shares of Leju from a hold rating to a sell rating in a research note on Tuesday, December 5th. Five investment analysts have rated the stock with a sell rating, The stock currently has an average rating of Sell and an average price target of $2.10.

Shares of Leju (NYSE LEJU) traded down $0.10 during midday trading on Friday, hitting $1.54. 294,400 shares of the stock traded hands, compared to its average volume of 476,950. Leju has a one year low of $1.28 and a one year high of $4.38. The stock has a market cap of $222.65, a PE ratio of -1.27 and a beta of 2.98.

A hedge fund recently raised its stake in Leju stock. Freestone Capital Holdings LLC lifted its holdings in shares of Leju Holdings Ltd (NYSE:LEJU) by 18.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 950,451 shares of the financial services provider’s stock after acquiring an additional 149,356 shares during the quarter. Freestone Capital Holdings LLC owned about 0.70% of Leju worth $1,749,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 3.97% of the company’s stock.

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About Leju

Leju Holdings Limited is an online to offline (O2O), real estate services provider in China. The Company offers real estate e-commerce, online advertising and online listing services through its online platform, which consists of local Websites covering over 260 cities and various mobile applications.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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