Linkhome (NASDAQ:LHAI) Posts Quarterly Earnings Results

Linkhome (NASDAQ:LHAIGet Free Report) released its quarterly earnings data on Thursday. The company reported ($0.01) EPS for the quarter, Zacks reports. Linkhome had a return on equity of 5.24% and a net margin of 1.07%.The business had revenue of $5.08 million during the quarter.

Linkhome Stock Performance

LHAI opened at $1.11 on Friday. The company’s 50 day simple moving average is $1.54 and its 200 day simple moving average is $7.02. Linkhome has a 1 year low of $1.02 and a 1 year high of $22.33. The stock has a market capitalization of $18.02 million and a PE ratio of 27.76.

Institutional Investors Weigh In On Linkhome

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. 683 Capital Management LLC acquired a new position in shares of Linkhome during the 4th quarter valued at $573,000. OMERS ADMINISTRATION Corp purchased a new position in Linkhome in the fourth quarter valued at about $175,000. Millennium Management LLC purchased a new position in Linkhome in the third quarter valued at about $268,000. Citadel Advisors LLC acquired a new position in shares of Linkhome during the third quarter worth about $120,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Linkhome during the fourth quarter worth about $101,000.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised Linkhome from a “sell” rating to a “hold” rating in a research note on Sunday, February 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Get Our Latest Analysis on LHAI

Linkhome Company Profile

(Get Free Report)

Linkhome is an artificial intelligence-driven property technology company. By using HomeGPT, a Linkhome-developed real estate artificial intelligence model, combined with financial innovation and in conjunction with our dedicated team of agents, we have made significant and cost-effective improvements to the business model of buying and selling homes. Through our subsidiaries, we operate an artificial intelligence real estate platform with the goal of providing customers with end-to-end real estate solutions and services, initially comprising real estate brokerage services, Cash Offer, and other services like property rental management and home renovation.

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