E-Home Household Service (NASDAQ:EJH) Trading Down 3% – Here’s Why

E-Home Household Service Holdings Limited (NASDAQ:EJH)’s share price traded down 3% during trading on Wednesday . The stock traded as low as $1.49 and last traded at $1.64. Approximately 9,619 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 11,645 shares. The stock had previously closed at $1.69.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of E-Home Household Service in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

E-Home Household Service Stock Down 3.0%

The stock has a 50 day moving average of $1.60 and a 200-day moving average of $8.68.

E-Home Household Service (NASDAQ:EJH) last issued its earnings results on Monday, April 13th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $13.15 million for the quarter.

Insider Activity at E-Home Household Service

In other E-Home Household Service news, CEO Xie Wenshan purchased 192,000 shares of the company’s stock in a transaction that occurred on Thursday, April 23rd. The shares were bought at an average cost of $1.25 per share, for a total transaction of $240,000.00. Following the purchase, the chief executive officer owned 744,295 shares of the company’s stock, valued at $930,368.75. This represents a 34.76% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 10.68% of the company’s stock.

Institutional Investors Weigh In On E-Home Household Service

An institutional investor recently bought a new stake in E-Home Household Service stock. Goldman Sachs Group Inc. bought a new position in shares of E-Home Household Service Holdings Limited (NASDAQ:EJH) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 113,608 shares of the company’s stock, valued at approximately $133,000. Goldman Sachs Group Inc. owned approximately 0.14% of E-Home Household Service at the end of the most recent reporting period. 37.31% of the stock is owned by institutional investors and hedge funds.

E-Home Household Service Company Profile

E-Home Household Service (NASDAQ:EJH) is a China-based provider of residential and commercial household services delivered through an integrated online platform. The company connects end customers with a network of vetted service providers, offering a one-stop solution for a range of in-home and property maintenance needs. E-Home’s technology-driven model emphasizes convenience, transparent pricing and quality control, enabling customers to book services via mobile app or web interface and track job progress in real time.

The company’s core service offerings include professional house cleaning, renovation and decoration, plumbing and electrical repairs, HVAC maintenance, landscaping and moving assistance.