Why Leju Holdings Limited (NYSE:LEJU) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $5.21 on Leju Holdings Limited (NYSE:LEJU) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.38 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Leju Holdings Limited (NYSE:LEJU) stands at 23.86.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Leju Holdings Limited American , the PEG ratio for coming 3-5 years is 0.87.

Technical Analysis

The technical analysis highlights that Leju Holdings Limited American current is trading $0.40 points away or +8.28% from its 50-day moving average of $4.85. Further it is trading $0.57 or +12.20% away its 200-day moving average of $4.68.

The 52-week high of Leju Holdings Limited (NYSE:LEJU) was $7.57 while lowest point recorded in 52-week was $3.28. It implies if stock price makes a movement of over $-2.32, it will record a new 52-week high. In the case of +60.06% drop, it will touch a new 52-week low.

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