Leju (NYSE:LEJU) Shares Cross Above 50 Day Moving Average of $1.35

Leju Holdings Ltd (NYSE:LEJU) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $1.35 and traded as high as $1.72. Leju shares last traded at $1.70, with a volume of 1,595 shares trading hands.

The stock has a market capitalization of $237.58 million, a PE ratio of 56.67 and a beta of 2.54. The stock’s 50 day moving average price is $1.37 and its 200-day moving average price is $1.50.

Leju (NYSE:LEJU) last issued its earnings results on Monday, August 19th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter. The firm had revenue of $169.97 million during the quarter. Leju had a net margin of 0.77% and a return on equity of 1.73%.

A hedge fund recently raised its stake in Leju stock. Renaissance Technologies LLC boosted its position in Leju Holdings Ltd (NYSE:LEJU) by 2.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,211,931 shares of the financial services provider’s stock after purchasing an additional 27,837 shares during the quarter. Renaissance Technologies LLC owned approximately 0.89% of Leju worth $1,672,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 1.09% of the company’s stock.

About Leju (NYSE:LEJU)

Leju Holdings Limited, through its subsidiaries, provides online to offline (O2O) real estate services in the People's Republic of China. The company offers real estate e-commerce, online advertising, and online listing services through its online platform, which comprises Websites covering 377 cities and various mobile applications for the real estate and home furnishing industries.

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