Ohmyhome (NASDAQ:OMH) Shares Up 7.2% – Should You Buy?

Ohmyhome Limited (NASDAQ:OMH)’s stock price rose 7.2% on Wednesday . The company traded as high as $0.43 and last traded at $0.43. Approximately 142,493 shares traded hands during trading, a decline of 79% from the average daily volume of 682,700 shares. The stock had previously closed at $0.40.

Analyst Upgrades and Downgrades

Separately, Maxim Group dropped their price target on Ohmyhome from $3.00 to $1.50 and set a “buy” rating for the company in a research note on Friday, September 27th.

Ohmyhome Trading Down 2.5 %

The company’s 50-day moving average is $0.42 and its 200-day moving average is $0.49.

Institutional Trading of Ohmyhome

An institutional investor recently bought a new position in Ohmyhome stock. Virtu Financial LLC bought a new position in Ohmyhome Limited (NASDAQ:OMH) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 32,066 shares of the company’s stock, valued at approximately $30,000. Virtu Financial LLC owned about 0.14% of Ohmyhome at the end of the most recent quarter. Hedge funds and other institutional investors own 0.73% of the company’s stock.

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.