Ohmyhome (NASDAQ:OMH) PT Lowered to $1.50

Ohmyhome (NASDAQ:OMH) had its target price lowered by Maxim Group from $3.00 to $1.50 in a research note published on Friday morning, Benzinga reports. The brokerage currently has a buy rating on the stock.

Ohmyhome Stock Performance

Shares of NASDAQ:OMH opened at $0.47 on Friday. The business’s 50 day moving average is $0.47 and its 200 day moving average is $0.58. Ohmyhome has a 12-month low of $0.41 and a 12-month high of $6.00. The company has a quick ratio of 0.35, a current ratio of 0.35 and a debt-to-equity ratio of 0.06.

Institutional Investors Weigh In On Ohmyhome

A hedge fund recently bought a new stake in Ohmyhome stock. Virtu Financial LLC acquired a new stake in Ohmyhome Limited (NASDAQ:OMH) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 32,066 shares of the company’s stock, valued at approximately $30,000. Virtu Financial LLC owned 0.14% of Ohmyhome at the end of the most recent reporting period. 0.73% of the stock is owned by hedge funds and other institutional investors.

Ohmyhome Company Profile

Ohmyhome Limited operates as a data and technology-driven property technology company in Singapore and Malaysia. It offers brokerage services that allows customers to purchase, sell, rent, or lease their properties on its platform. The company also offers other property-related services, including listing and research services comprising online property listings, property transaction guides, automated electronic valuation of listed properties, and calculators; mortgage advice and financing guidance services; and legal services, such as conveyancing, legal advice, and documentation preparation services.