StockNews.com Initiates Coverage on Leju (NYSE:LEJU)

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

Leju Trading Down 1.6 %

NYSE LEJU opened at $1.08 on Friday. The business’s 50 day moving average is $1.27 and its two-hundred day moving average is $1.34. Leju has a 12-month low of $0.85 and a 12-month high of $9.84.

Leju Company Profile

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).