Leju Holdings Limited (LEJU) Shares are Up 21.64%

Leju Holdings Limited (LEJU) : Traders are bullish on Leju Holdings Limited (LEJU) as it has outperformed the S&P 500 by a wide margin of 42.79% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 21.44%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 21.64% in the last 1 week, and is up 42.02% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 24.24% and the 50-Day Moving Average is 15.2%.The 200 Day SMA reached 13.15%


Leju Holdings Limited (NYSE:LEJU): After opening at $4.49, the stock dipped to an intraday low of $4.45 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $5.47 and the buying power remained strong till the end. The stock closed at $5.34 for the day, a gain of 18.67% for the day session. The total traded volume was 593,097. The stocks close on the previous trading day was $5.34.

Leju Holdings Limited (LEJU) : Average target price received by Leju Holdings Limited (LEJU) is $5.43 with an expected standard deviation of $1.04. The most aggressive target on the stock is $7, whereas the most downbeat target is $5. 3 financial analysts are currently covering the stock.

Leju Holdings Limited is an online-to-offline (O2O), real estate services provider in China. The Company offers real estate e-commerce, online advertising and online listing services through its online platform, which consists of local Websites covering over 250 cities and various mobile applications. It integrates its online platform with complementary offline services to facilitate residential property transactions. In addition to its own Websites, the Company also operates various real estate and home furnishing Websites of SINA Corporation and Baidu Inc.. Its O2O services for new residential properties include selling discount coupons and facilitating online property viewing, physical property visits and pre-sale customer support. The Company offers fee-based online property listing services to real estate agents and free services to individual property sellers. The Companys offline services include physical property visits and a call center.

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