Leju (NYSE:LEJU) Earns Buy Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Leju (NYSE:LEJUGet Rating) in a research note issued to investors on Thursday. The firm set a “buy” rating on the financial services provider’s stock.

LEJU stock opened at $0.50 on Thursday. The business has a 50 day simple moving average of $0.59 and a 200-day simple moving average of $0.80. Leju has a 1 year low of $0.36 and a 1 year high of $2.40.

A hedge fund recently bought a new stake in Leju stock. Envestnet Asset Management Inc. purchased a new position in shares of Leju Holdings Limited (NYSE:LEJUGet Rating) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 40,816 shares of the financial services provider’s stock, valued at approximately $37,000. Hedge funds and other institutional investors own 57.69% of the company’s stock.

Leju Company Profile (Get Rating)

Leju Holdings Limited, through its subsidiaries, provides online to offline (O2O) real estate services in the People's Republic of China. The company offers real estate e-commerce, online advertising, and online listing services through its online platform, which comprises websites covering 391 cities and various mobile applications.

See Also

Receive News & Ratings for Leju Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leju and related companies with MarketBeat.com's FREE daily email newsletter.