Leju (NYSE:LEJU) Share Price Passes Above 50 Day Moving Average of $1.72

Leju Holdings Limited (NYSE:LEJU – Get Rating) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1.72 and traded as high as $1.98. Leju shares last traded at $1.87, with a volume of 17,560 shares.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Leju in a research report on Wednesday. They set a “buy” rating on the stock.

Leju Trading Down 6.5 %

The business has a 50-day simple moving average of $1.72 and a 200-day simple moving average of $1.51.

About Leju

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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.