A share of E-Home Household Service Holdings Limited (NASDAQ:EJH) closed at $0.42 per share on Friday, up from $0.41 day before. While E-Home Household Service Holdings Limited has overperformed by 0.97%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, EJH fell by -97.87%, with highs and lows ranging from $20.80 to $0.36, whereas the simple moving average fell by -90.99% in the last 200 days.
Analysis of E-Home Household Service Holdings Limited (EJH)
Further, the quarter-over-quarter decrease in sales is -35.70%, showing a negative trend in the upcoming months.
E-Home Household Service Holdings Limited’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of -9.10% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 8.20, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and EJH is registering an average volume of 980.89K. On a monthly basis, the volatility of the stock is set at 32.73%, whereas on a weekly basis, it is put at 12.13%, with a gain of 1.96% over the past seven days.
How Do You Analyze E-Home Household Service Holdings Limited Shares?
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 19.56%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 1.20% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in EJH shares?
The recent increase in stakes in EJH appears to be a result of several institutional investors and hedge funds increasing their positions. Renaissance Technologies LLC’s position in EJH has increased by 39.86% in the first quarter. The company now owns 58,477 shares of the stock, with a value of $25145.0, following the purchase of 16,666 additional shares during the last quarter. During the last quarter, the company picked up 7,336 additional shares for a total stake of worth $3154.0, bringing number of shares owned by the company to 7,336.
During the first quarter, G1 Execution Services LLC added a 1,643 position in EJH. Advisors Management Group, Inc. purchased an additional 1500.0 shares in the last quarter, increasing its holdings by 150.00%, now holding 2500.0 shares worth $1075.0. EJH shares are owned by institutional investors to the tune of 1.20% at present.