Linkhome (NASDAQ:LHAI) Posts Earnings Results

Linkhome (NASDAQ:LHAI) posted its quarterly earnings data on Thursday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. Linkhome had a net margin of 1.07% and a return on equity of 5.24%. The firm had revenue of $5.08 million for the quarter.

Linkhome Stock Performance

Linkhome stock opened at $1.11 on Friday. The company has a 50-day simple moving average of $1.54 and a 200-day simple moving average of $7.02. The firm has a market capitalization of $18.02 million and a P/E ratio of 27.76. Linkhome has a one year low of $1.02 and a one year high of $22.33.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Linkhome from a “sell” rating to a “hold” rating in a report on Sunday, February 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Institutional Trading of Linkhome

Several large investors have recently added to or reduced their stakes in LHAI. 683 Capital Management LLC acquired a new position in shares of Linkhome during the fourth quarter valued at $573,000. Millennium Management LLC acquired a new stake in Linkhome in the third quarter worth about $268,000. OMERS ADMINISTRATION Corp acquired a new stake in Linkhome in the fourth quarter worth about $175,000. Goldman Sachs Group Inc. bought a new position in Linkhome in the 4th quarter valued at about $101,000. Finally, Citadel Advisors LLC acquired a new position in Linkhome during the 3rd quarter valued at about $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.