Wall Street Zen Upgrades Linkhome (NASDAQ:LHAI) to Sell

Linkhome (NASDAQ:LHAIGet Free Report) was upgraded by research analysts at Wall Street Zen to a “sell” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings raised Linkhome from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, August 3rd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Linkhome has a consensus rating of “Sell”.

View Our Latest Research Report on Linkhome

Linkhome Stock Performance

Linkhome stock opened at $1.21 on Friday. The company has a market capitalization of $20.00 million, a P/E ratio of -40.33 and a beta of 0.22. Linkhome has a fifty-two week low of $0.53 and a fifty-two week high of $15.66. The stock has a 50-day simple moving average of $0.95 and a 200-day simple moving average of $1.05.

Linkhome (NASDAQ:LHAIGet Free Report) last announced its earnings results on Wednesday, August 12th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $5.41 million for the quarter. Linkhome had a negative return on equity of 7.86% and a negative net margin of 2.83%.

Insider Activity at Linkhome

In other news, CEO Zhen Qin sold 625,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $0.80, for a total transaction of $500,000.00. Following the sale, the chief executive officer owned 3,820,000 shares of the company’s stock, valued at $3,056,000. The trade was a 14.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 31.24% of the stock is owned by company insiders.

About Linkhome

(Get Free Report)

Linkhome Holdings Limited is a China-based real estate services company operating under the Linkhome brand. The company provides services related to residential real estate transactions and leasing, helping customers buy, sell and rent properties.

Its business activities include real estate brokerage and related housing services. Linkhome serves the Chinese market through its network of real estate service locations, although publicly available information provides limited detail about the company’s geographic coverage and operating structure.

Additional reliable information about Linkhome’s history, leadership team and specific product offerings is limited.

Further Reading

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