Ohmyhome (NASDAQ:OMH) Stock Set to Reverse Split on Monday, August 31st

Shares of Ohmyhome Limited (NASDAQ:OMH) are scheduled to reverse split before the market opens on Monday, August 31st. The 1-50 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, August 30th.

Ohmyhome Stock Performance

Shares of NASDAQ OMH traded down $0.02 during midday trading on Thursday, hitting $0.08. 28,014,176 shares of the company’s stock were exchanged, compared to its average volume of 65,366,804. The company’s 50 day moving average price is $0.30 and its 200 day moving average price is $0.80. Ohmyhome has a 12 month low of $0.07 and a 12 month high of $2.19.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Ohmyhome in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Ohmyhome

Ohmyhome (NASDAQ: OMH) is a Singapore-based property technology company offering an integrated online platform for residential real estate transactions. The company’s core business focuses on simplifying the home-buying, selling and renting process through a combination of digital tools and professional agent support. Its platform features end-to-end solutions that guide users from property search and valuation to mortgage facilitation and post-sale services such as renovation and furnishing.

Through its website and mobile application, Ohmyhome connects homeowners, buyers and tenants with a network of licensed agents who provide personalized advisory services.