Leju Holdings Limited (NYSE:LEJU) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Saturday.

A number of other equities research analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Leju Holdings Limited from a “hold” rating to a “strong sell” rating in a report on Thursday, September 7th. ValuEngine upgraded shares of Leju Holdings Limited from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Finally, J P Morgan Chase & Co downgraded shares of Leju Holdings Limited from a “neutral” rating to an “underweight” rating and lowered their price target for the stock from $3.80 to $2.10 in a report on Thursday, June 22nd. Five investment analysts have rated the stock with a sell rating, Leju Holdings Limited has a consensus rating of “Sell” and a consensus target price of $2.10.

Leju Holdings Limited (LEJU) opened at 1.57 on Friday. The firm’s market capitalization is $292.02 million. The firm has a 50-day moving average of $1.66 and a 200 day moving average of $2.33. Leju Holdings Limited has a 12-month low of $1.28 and a 12-month high of $5.02.

Leju Holdings Limited (NYSE:LEJU) last posted its earnings results on Thursday, August 31st. The financial services provider reported ($0.64) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by ($0.48). Leju Holdings Limited had a negative net margin of 27.57% and a negative return on equity of 31.88%. The business had revenue of $92.70 million for the quarter, compared to analysts’ expectations of $78.58 million. During the same quarter last year, the business posted $0.11 earnings per share. The business’s revenue was down 41.4% compared to the same quarter last year. On average, equities analysts predict that Leju Holdings Limited will post ($0.74) EPS for the current year.

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A hedge fund recently raised its stake in Leju Holdings Limited stock. Freestone Capital Holdings LLC raised its holdings in shares of Leju Holdings Limited (NYSE:LEJU) by 18.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 950,451 shares of the financial services provider’s stock after buying an additional 149,356 shares during the period. Freestone Capital Holdings LLC owned about 0.70% of Leju Holdings Limited worth $1,749,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 4.62% of the company’s stock.

About Leju Holdings Limited

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.

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