Leju (NYSE:LEJU) Research Coverage Started at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of Leju (NYSE:LEJU) in a research note issued to investors on Saturday. The brokerage set a “buy” rating on the financial services provider’s stock.

Leju Stock Performance

The business’s 50-day moving average is $1.27 and its 200 day moving average is $1.34. Leju has a 12-month low of $0.85 and a 12-month high of $9.84.

Institutional Investors Weigh In On Leju

A hedge fund recently bought a new stake in Leju stock. Two Sigma Securities LLC bought a new position in shares of Leju Holdings Limited (NYSE:LEJU) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 16,337 shares of the financial services provider’s stock, valued at approximately $38,000. Two Sigma Securities LLC owned 0.12% of Leju at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.41% of the company’s stock.

About Leju

Leju Holdings Limited, through its subsidiaries, provides online to offline (O2O) real estate services in the People's Republic of China. It offers real estate e-commerce, online advertising, and online listing services through its online platform, and various mobile applications. The company also operates various real estate and home furnishing Websites of SINA Corporation (SINA).