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

Analysts at StockNews.com began coverage on shares of Leju (NYSE:LEJU – Get Rating) in a report released on Wednesday. The brokerage set a “buy” rating on the financial services provider’s stock.

Leju Stock Down 6.5 %

LEJU opened at $1.87 on Wednesday. The firm’s 50-day simple moving average is $1.72 and its 200-day simple moving average is $1.51. Leju has a twelve month low of $1.03 and a twelve month high of $9.84.

Leju Company Profile

(Get Rating)

Leju Holdings Ltd. engages in the provision of online-to-offline real estate services. It offers electronic commerce, online advertising, and listing services on new residential property sales. The company was founded on November 20, 2013 and is headquartered in Beijing, China.