Ohmyhome (NASDAQ:OMH) Price Target Cut to $1.50

Ohmyhome (NASDAQ:OMHGet Free Report) had its price target cut by research analysts at Maxim Group from $3.00 to $1.50 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Maxim Group’s target price indicates a potential upside of 219.08% from the stock’s current price.

Ohmyhome Stock Up 1.3 %

NASDAQ:OMH traded up $0.01 during trading hours on Friday, reaching $0.47. 71,463 shares of the company were exchanged, compared to its average volume of 779,171. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.35 and a current ratio of 0.35. Ohmyhome has a twelve month low of $0.41 and a twelve month high of $6.00. The stock’s 50-day moving average is $0.48 and its 200-day moving average is $0.60.

Hedge Funds Weigh In On Ohmyhome

An institutional investor recently bought a new position in Ohmyhome stock. Virtu Financial LLC purchased a new position in shares of Ohmyhome Limited (NASDAQ:OMHFree Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 32,066 shares of the company’s stock, valued at approximately $30,000. Virtu Financial LLC owned approximately 0.14% of Ohmyhome as of its most recent filing with the Securities & Exchange Commission. 0.73% of the stock is currently owned by institutional investors and hedge funds.

Ohmyhome Company Profile

(Get Free Report)

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.

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