Ohmyhome (NASDAQ:OMH) Stock Price Up 2.8% – Here’s Why

Ohmyhome Limited (NASDAQ:OMH)’s stock price was up 2.8% during trading on Thursday . The stock traded as high as $0.7394 and last traded at $0.73. Approximately 17,018 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 47,909 shares. The stock had previously closed at $0.71.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Ohmyhome in a report on Tuesday, April 21st. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Ohmyhome Price Performance

The stock’s 50-day moving average price is $1.00 and its 200-day moving average price is $1.09.

About Ohmyhome

Ohmyhome (NASDAQ: OMH) is a Singapore-based property technology company offering an integrated online platform for residential real estate transactions. The company’s core business focuses on simplifying the home-buying, selling and renting process through a combination of digital tools and professional agent support. Its platform features end-to-end solutions that guide users from property search and valuation to mortgage facilitation and post-sale services such as renovation and furnishing.

Through its website and mobile application, Ohmyhome connects homeowners, buyers and tenants with a network of licensed agents who provide personalized advisory services.