Linkhome (NASDAQ:LHAI) Upgraded to Sell at Wall Street Zen

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

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

Linkhome Stock Down 2.4%

NASDAQ:LHAI opened at $1.21 on Friday. Linkhome has a twelve month low of $0.53 and a twelve month high of $15.66. The firm has a market capitalization of $20.00 million, a price-to-earnings ratio of -40.33 and a beta of 0.22. The stock’s 50 day moving average price is $0.95 and its two-hundred day moving average price is $1.05.

Linkhome (NASDAQ:LHAI) last released its quarterly earnings data 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 company had revenue of $5.41 million during the quarter.

Insider Transactions at Linkhome

In other Linkhome news, CEO Zhen Qin sold 625,000 shares of Linkhome stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $0.80, for a total transaction of $500,000.00. Following the completion of the transaction, the chief executive officer directly owned 3,820,000 shares of the company’s stock, valued at $3,056,000. The trade was a 14.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 31.24% of the stock is owned by corporate insiders.

Linkhome Company Profile

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.