Leju Holdings Limited (NYSE:LEJU) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday.

Several other research analysts also recently issued reports on LEJU. J P Morgan Chase & Co downgraded shares of Leju Holdings Limited from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $3.80 to $2.10 in a research note on Thursday, June 22nd. ValuEngine upgraded shares of Leju Holdings Limited from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Finally, Zacks Investment Research upgraded shares of Leju Holdings Limited from a “sell” rating to a “hold” rating in a research note on Thursday, August 10th. Five research analysts have rated the stock with a sell rating, The company has an average rating of “Sell” and a consensus price target of $2.10.

Leju Holdings Limited (NYSE:LEJU) traded down 0.60% during midday trading on Thursday, hitting $1.65. 68,816 shares of the company were exchanged. The firm’s market capitalization is $306.90 million. The stock has a 50 day moving average of $1.59 and a 200 day moving average of $2.58. Leju Holdings Limited has a 1-year low of $1.28 and a 1-year high of $5.47.

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

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An institutional investor recently raised its position in Leju Holdings Limited stock. Renaissance Technologies LLC lifted its position in Leju Holdings Limited (NYSE:LEJU) by 6.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 331,300 shares of the financial services provider’s stock after buying an additional 21,300 shares during the period. Renaissance Technologies LLC owned about 0.18% of Leju Holdings Limited worth $1,136,000 as of its most recent SEC filing. Institutional investors own 4.62% of the company’s stock.

Leju Holdings Limited Company Profile

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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