Leju (NYSE:LEJU) was upgraded by investment analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Sunday.

A number of other brokerages also recently issued reports on LEJU. BidaskClub raised Leju from a “sell” rating to a “hold” rating in a research note on Sunday, September 24th. Zacks Investment Research downgraded Leju from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 7th. Five research analysts have rated the stock with a sell rating, Leju currently has a consensus rating of “Sell” and an average target price of $2.10.

Shares of Leju (LEJU) traded up $0.04 during trading hours on Friday, hitting $1.44. The stock had a trading volume of 94,600 shares, compared to its average volume of 116,045. The firm has a market cap of $195.50, a P/E ratio of -1.19 and a beta of 2.98. Leju has a 12 month low of $1.28 and a 12 month high of $5.02.

An institutional investor recently raised its position in Leju stock. Freestone Capital Holdings LLC grew its stake in shares of Leju Holdings Ltd (NYSE:LEJU) by 18.6% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 950,451 shares of the financial services provider’s stock after purchasing an additional 149,356 shares during the period. Freestone Capital Holdings LLC owned about 0.70% of Leju worth $1,749,000 as of its most recent filing with the SEC. 3.97% of the stock is currently owned by institutional investors.

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About Leju

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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