Linkhome (NASDAQ:LHAI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Linkhome (NASDAQ:LHAI) to a sell rating in a research report report published on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings raised Linkhome from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Linkhome presently has an average rating of “Sell”.

Linkhome Price Performance

Shares of NASDAQ LHAI opened at $1.10 on Friday. The company has a 50 day simple moving average of $0.96 and a 200-day simple moving average of $1.05. The company has a market capitalization of $18.18 million, a P/E ratio of -36.67 and a beta of 0.22. Linkhome has a 1 year low of $0.53 and a 1 year high of $15.66.

Linkhome (NASDAQ:LHAI) last released its quarterly earnings results on Wednesday, August 12th. The company reported ($0.01) EPS for the quarter. Linkhome had a negative net margin of 2.83% and a negative return on equity of 7.86%. The firm had revenue of $5.41 million for the quarter.

Insider Activity

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 shares were sold at an average price of $0.80, for a total value of $500,000.00. Following the sale, the chief executive officer directly owned 3,820,000 shares of the company’s stock, valued at approximately $3,056,000. The trade was a 14.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 31.24% of the company’s stock.

About Linkhome

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.