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

StockNews.com initiated coverage on shares of Leju (NYSE:LEJU) in a research report released on Saturday morning. The firm issued a buy rating on the financial services provider’s stock.

Leju Stock Performance

The firm’s 50-day moving average price is $1.27 and its 200 day moving average price is $1.34. Leju has a 12 month low of $0.85 and a 12 month high of $9.84.

Institutional Trading of Leju

An institutional investor recently bought a new position in Leju stock. Two Sigma Securities LLC purchased a new position in shares of Leju Holdings Limited (NYSE:LEJU) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,337 shares of the financial services provider’s stock, valued at approximately $38,000. Two Sigma Securities LLC owned approximately 0.12% of Leju at the end of the most recent quarter. 0.41% of the stock is currently owned by hedge funds and other institutional investors.

Leju Company Profile

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).