Wall Street Zen Upgrades Linkhome (NASDAQ:LHAI) to “Hold”

Linkhome (NASDAQ:LHAI) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Sunday.

Separately, Weiss Ratings assumed coverage on Linkhome in a report on Friday, October 17th. They issued a “sell (e-)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Linkhome Stock Performance

Shares of NASDAQ LHAI opened at $1.39 on Friday. The company’s 50 day simple moving average is $8.42. Linkhome has a 12 month low of $1.30 and a 12 month high of $22.33. The firm has a market cap of $22.56 million and a PE ratio of 34.76.

Hedge Funds Weigh In On Linkhome

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LHAI. FNY Investment Advisers LLC acquired a new stake in shares of Linkhome in the fourth quarter valued at about $87,000. Citadel Advisors LLC acquired a new position in shares of Linkhome during the 3rd quarter worth about $120,000. Finally, Millennium Management LLC purchased a new position in Linkhome in the 3rd quarter valued at about $268,000.

Linkhome Company Profile

Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes. Through our subsidiaries, we operate an artificial intelligence real estate platform with the goal of providing customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation.