Why Leju Holdings Limited [LEJU] Stock Can Run Back to New Highs Quicker Than You Think

Over the past three months, Leju Holdings Limited [LEJU] ended the trading day at $2.30 and exhibited a change of 5.50% with a 24 hour trading and reached upto the volume of 140.79K compared to its recorded trading volume of 0.6 million. LEJU generated a 1 year amount change with 19.13%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by -6.03% with an amount shift of -12.80% over the last month.

On 23, November 2020, Leju Reports Third Quarter 2020 Results and Issues Notice of Annual General Meeting. According to news published on Yahoo Finance, Leju Holdings Limited (“Leju” or the “Company”) (NYSE: LEJU), a leading e-commerce and online media platform for real estate and home furnishing industries in China, today announced its unaudited financial results for the fiscal quarter and nine months ended September 30, 2020.

Analyst Birdseye View:

The most recent analyst activity for Leju Holdings Limited [NYSE:LEJU] stock was on August 31, 2016, when it was Resumed with a Neutral rating from JP Morgan, which also raised its 12-month price target on the stock to $4.60. On August 26, 2016, CLSA Downgrade a Sell rating. On November 19, 2015, Macquarie Downgrade a Neutral rating. On November 17, 2015, BofA/Merrill Downgrade a Neutral rating. On June 22, 2015, Barclays Initiated an Overweight rating and boosted its amount on this stock to $11.50. On May 20, 2015, Credit Agricole Downgrade an Underperform rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.03 and a peak of $6.96. Right now, according to Wall Street analyst the average 12-month amount target is $3.60. At the most recent market close, shares of Leju Holdings Limited [NYSE:LEJU] were valued at $2.30. According to the average price forecast, investors can expect a potential return of -11.11%.

FUNDAMENTAL ANALYSIS

Leju Holdings Limited [NYSE:LEJU] most recently reported quarterly sales of 210.54 billion, which represented growth of 23.20%. This publicly-traded organization’s revenue is $300,085 per employee, while its income is $4,992 per employee. This company’s Gross Margin is currently 90.30%, its Operating Margin is 3.20%, its Pretax Margin is +2.87, and its Net Margin is +1.66. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.45, 4.62, 6.58 and 4.42 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 9.90 and the whole liability to whole assets at 5.35. It shows enduring liability to the whole principal at 8.07 and enduring liability to assets at 0.04 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 2.13 points at 1st support level, the second support level is making up to 2.09. But as of 1st resistance point, this stock is sitting at 2.26 and at 2.35 for 2nd resistance point.

Leju Holdings Limited [LEJU] reported its earnings at $0.11 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.11/share signifying the difference of 0 and 0.00% surprise value. Comparing the previous quarter ending of 12/30/2019, the stated earnings were $0.06 calling estimates for $0.05/share with the difference of 0.01 depicting the surprise of 20.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Leju Holdings Limited [NYSE:LEJU] is 1.50. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.68. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.39, it’s amount to book ratio is 1.07 and showing 16.90 of P/E (TTM) ratio.