Leju (NYSE:LEJU) Now Covered by StockNews.com

StockNews.com began coverage on shares of Leju (NYSE:LEJU) in a research note issued to investors on Saturday. The brokerage set a “buy” rating on the financial services provider’s stock.

Leju Price Performance

Leju stock opened at $1.08 on Friday. The company’s fifty day moving average price is $1.27 and its 200 day moving average price is $1.34. Leju has a 1 year low of $0.85 and a 1 year high of $9.84.

Institutional Trading of Leju

An institutional investor recently bought a new position in Leju stock. Two Sigma Securities LLC bought a new stake in Leju Holdings Limited (NYSE:LEJU) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 16,337 shares of the financial services provider’s stock, valued at approximately $38,000. Two Sigma Securities LLC owned approximately 0.12% of Leju at the end of the most recent reporting period. Institutional investors and hedge funds own 0.41% of the company’s stock.

About Leju

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, and various mobile applications. The company also operates various real estate and home furnishing Websites of SINA Corporation (SINA).