Linkhome (NASDAQ:LHAI) Lowered to Sell Rating by Wall Street Zen

Wall Street Zen downgraded shares of Linkhome (NASDAQ:LHAI) from a hold rating to a sell rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings began coverage on shares of Linkhome in a research note on Friday, October 17th. They issued a “sell (e-)” rating for the company. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Linkhome presently has a consensus rating of “Sell”.

Linkhome Trading Down 5.9%

Shares of Linkhome stock opened at $1.92 on Friday. The company has a market cap of $31.16 million and a P/E ratio of 48.01. The firm has a fifty day moving average of $9.36. Linkhome has a fifty-two week low of $1.62 and a fifty-two week high of $22.33.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC bought a new position in Linkhome during the fourth quarter worth about $87,000. Millennium Management LLC bought a new stake in shares of Linkhome in the 3rd quarter valued at approximately $268,000. Finally, Citadel Advisors LLC acquired a new position in shares of Linkhome in the 3rd quarter worth approximately $120,000.

About Linkhome

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.