Leju Holdings Limited
Leju Holdings Limited (NYSE: LEJU) is a company that provides online real estate services. The company offers internet advertising, e-commerce services, and listing services in the People's Republic of China through its subsidiaries. To expedite residential property purchases and home improvement transactions, the company blends its online platform with offline services.
Why should Investors make an Exit?
Valuation Methodology: Price/Earnings Per Share Multiple Based Relative Valuation
Source: Analysis by Kalkine Group
LEJU's share price has remained on a bearish trend, fallen 79.30% in the past twelve months and is currently leaning close to the lower end of its 52-week range of USD 0.58 to USD 3.16. We have valued the stock using the Price/Earnings per share multiple based relative valuation methodology and arrived at a target price of USD 0.50.
Considering the non-compliance issues, increase in losses, current valuation, and other geopolitical risks, we recommend a "Sell" rating on the stock at the closing price of USD 0.59, up 0.05%, as of March 04, 2022. Markets are trading in a highly volatile zone currently due to certain macro-economic issues and geopolitical tensions prevailing.
Three-Year Technical Price Chart (as of March 04, 2022). Source: REFINITIV, Analysis by Kalkine Group
*All forecasted figures and Industry Information have been taken from REFINITIV.
*The reference data in this report has been partly sourced from REFINITIV.