Leju (NYSE:LEJU) Coverage Initiated by Analysts at StockNews.com

Investment analysts at StockNews.com began coverage on shares of Leju (NYSE:LEJU) in a research report issued on Saturday. The firm set a “buy” rating on the financial services provider’s stock.

Leju Price Performance

The stock has a fifty day moving average price of $1.27 and a 200 day moving average price of $1.34. Leju has a 12-month low of $0.85 and a 12-month high of $9.84.

Hedge Funds Weigh In On Leju

A hedge fund recently bought a new stake in Leju stock. Two Sigma Securities LLC bought a new position in Leju Holdings Limited (NYSE:LEJU) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 16,337 shares of the financial services provider’s stock, valued at approximately $38,000. Two Sigma Securities LLC owned about 0.12% of Leju as of its most recent filing with the Securities & Exchange Commission. 0.41% of the stock is owned by institutional investors.

About Leju

Leju Holdings Limited, through its subsidiaries, provides online to offline (O2O) real estate services in the People's Republic of China. It offers real estate e-commerce, online advertising, and online listing services through its online platform, and various mobile applications. The company also operates various real estate and home furnishing Websites of SINA Corporation (SINA).