Today’s Stock On Watch: Is Leju Holdings Ltd (ADR) a Buy? The Stock Rises Again

Today's Stock On Watch: Is Leju Holdings Ltd (ADR) a Buy? The Stock Rises Again

The stock of Leju Holdings Ltd (ADR) (NYSE:LEJU) is a huge mover today! The stock increased 18.67% or $0.84 on September 30, hitting $5.34. About 360,379 shares traded hands or 210.24% up from the average. Leju Holdings Ltd (ADR) (NYSE:LEJU) has risen 23.63% since February 26, 2016 and is uptrending. It has outperformed by 13.20% the S&P500.
The move comes after 6 months positive chart setup for the $695.92M company. It was reported on Sep, 30 by Barchart.com. We have $6.46 PT which if reached, will make NYSE:LEJU worth $146.14 million more.

Leju Holdings Ltd (ADR) (NYSE:LEJU) Ratings Coverage

Out of 5 analysts covering Leju Holdings (NYSE:LEJU), 1 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 20% are positive. Leju Holdings has been the topic of 5 analyst reports since August 27, 2015 according to StockzIntelligence Inc. The stock has “Sell” rating given by CLSA on Friday, August 26. Macquarie Research downgraded Leju Holdings Ltd (ADR) (NYSE:LEJU) on Thursday, November 19 to “Neutral” rating. The rating was initiated by JP Morgan with “Neutral” on Wednesday, August 31. Bank of America downgraded the shares of LEJU in a report on Tuesday, November 17 to “Neutral” rating.

According to Zacks Investment Research, “Leju Holdings Limited is an online-to-offline, or O2O, real estate services provider in China. It offers real estate e-commerce, online advertising and online listing services through its online platform, which consists of local Websites and various mobile applications. The Company also operates various real estate and home furnishing websites. Leju Holdings Limited is headquartered in Beijing, the People’s Republic of China.”

Another recent and important Leju Holdings Ltd (ADR) (NYSE:LEJU) news was published by Seekingalpha.com which published an article titled: “IPO Preview: Leju Holdings Limited” on April 16, 2014.

LEJU Company Profile

Leju Holdings Limited, incorporated on November 20, 2013, is an online to offline (O2O), real estate services well-known provider in China. The Firm 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. The Firm integrates its online platform with offline services to facilitate residential property transactions. In addition to its own Websites, the Company operates various real estate and home furnishing Websites of SINA Corporation (SINA). The Firm operates official accounts on various mobile platforms, including over 50,000 on Weibo and over 70,000 on Weixin.

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