Leju (NYSE:LEJU) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Leju (NYSE:LEJUGet Rating) in a research note issued to investors on Saturday. The firm issued a buy rating on the financial services provider’s stock.

Leju Price Performance

Shares of LEJU opened at $2.11 on Friday. Leju has a 52 week low of $1.77 and a 52 week high of $19.00. The stock has a 50 day moving average price of $2.23 and a two-hundred day moving average price of $3.89.

Hedge Funds Weigh In On Leju

An institutional investor recently bought a new position in Leju stock. Envestnet Asset Management Inc. bought a new stake in Leju Holdings Limited (NYSE:LEJUGet Rating) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 40,816 shares of the financial services provider’s stock, valued at approximately $37,000. Institutional investors own 1.49% of the company’s stock.

About Leju

(Get Rating)

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, which comprises websites covering 401 cities and various mobile applications.

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