Ohmyhome (NASDAQ:OMH) Trading Down 2.4% – Should You Sell?

Shares of Ohmyhome Limited (NASDAQ:OMH) fell 2.4% on Thursday . The stock traded as low as $0.38 and last traded at $0.38. 65,636 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 646,120 shares. The stock had previously closed at $0.39.

Wall Street Analysts Forecast Growth

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

Ohmyhome Trading Up 5.1 %

The stock’s 50 day simple moving average is $0.41 and its two-hundred day simple moving average is $0.48.

Institutional Trading of Ohmyhome

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

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.