E-Home Household Service (NASDAQ:EJH) Shares Scheduled to Reverse Split on Monday, March 30th

Shares of E-Home Household Service Holdings Limited (NASDAQ:EJH) are going to reverse split before the market opens on Monday, March 30th. The 1-25 reverse split was announced on Wednesday, March 25th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, March 27th.

E-Home Household Service Stock Down 5.3%

Shares of EJH traded down $0.01 during mid-day trading on Thursday, hitting $0.10. 2,149,672 shares of the company’s stock were exchanged, compared to its average volume of 1,725,610. The stock’s 50-day simple moving average is $0.57 and its 200-day simple moving average is $0.81. E-Home Household Service has a 52 week low of $0.08 and a 52 week high of $64.00.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of E-Home Household Service in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On E-Home Household Service

A hedge fund recently bought a new stake in E-Home Household Service stock. Goldman Sachs Group Inc. purchased a new stake in shares of E-Home Household Service Holdings Limited (NASDAQ:EJH) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 113,608 shares of the company’s stock, valued at approximately $133,000. Goldman Sachs Group Inc. owned approximately 0.14% of E-Home Household Service at the end of the most recent quarter. Hedge funds and other institutional investors own 37.31% of the company’s stock.

About E-Home Household Service

E-Home Household Service (NASDAQ:EJH) is a China-based provider of residential and commercial household services delivered through an integrated online platform. The company connects end customers with a network of vetted service providers, offering a one-stop solution for a range of in-home and property maintenance needs. E-Home’s technology-driven model emphasizes convenience, transparent pricing and quality control, enabling customers to book services via mobile app or web interface and track job progress in real time.

The company’s core service offerings include professional house cleaning, renovation and decoration, plumbing and electrical repairs, HVAC maintenance, landscaping and moving assistance.