Ohmyhome (NASDAQ:OMH) Trading Down 3.2% – Time to Sell?

Ohmyhome Limited (NASDAQ:OMH)’s stock price traded down 3.2% on Thursday . The company traded as low as $1.21 and last traded at $1.21. 13,118 shares were traded during mid-day trading, a decline of 51% from the average session volume of 26,981 shares. The stock had previously closed at $1.25.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Ohmyhome in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce”.

Ohmyhome Stock Up 3.3%

The business has a 50 day simple moving average of $1.35 and a 200-day simple moving average of $1.18.

About Ohmyhome

Ohmyhome (NASDAQ: OMH) is a Singapore-based property technology company offering an integrated online platform for residential real estate transactions. The company’s core business focuses on simplifying the home-buying, selling and renting process through a combination of digital tools and professional agent support. Its platform features end-to-end solutions that guide users from property search and valuation to mortgage facilitation and post-sale services such as renovation and furnishing.

Through its website and mobile application, Ohmyhome connects homeowners, buyers and tenants with a network of licensed agents who provide personalized advisory services.