Linkhome (NASDAQ:LHAI) Stock Rating Lowered by Wall Street Zen

Linkhome (NASDAQ:LHAI) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings began coverage on shares of Linkhome in a report on Friday, October 17th. They set a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Linkhome Trading Down 5.9%

Linkhome stock opened at $1.92 on Friday. The business has a fifty day simple moving average of $9.36. The firm has a market capitalization of $31.16 million and a price-to-earnings ratio of 48.01. Linkhome has a 52 week low of $1.62 and a 52 week high of $22.33.

Institutional Investors Weigh In On Linkhome

A number of institutional investors have recently made changes to their positions in the stock. FNY Investment Advisers LLC bought a new stake in Linkhome in the fourth quarter valued at about $87,000. Millennium Management LLC bought a new stake in shares of Linkhome in the 3rd quarter valued at about $268,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Linkhome in the 3rd quarter valued at approximately $120,000.

Linkhome Company Profile

Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes. Through our subsidiaries, we operate an artificial intelligence real estate platform with the goal of providing customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation.