Ohmyhome (NASDAQ:OMH) PT Lowered to $1.50 at Maxim Group

Ohmyhome (NASDAQ:OMH) had its price objective trimmed by Maxim Group from $3.00 to $1.50 in a report issued on Friday, Benzinga reports. The firm currently has a buy rating on the stock.

Ohmyhome Stock Performance

OMH opened at $0.47 on Friday. Ohmyhome has a fifty-two week low of $0.41 and a fifty-two week high of $6.00. The stock has a fifty day moving average of $0.47 and a 200-day moving average of $0.58. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.35 and a quick ratio of 0.35.

Hedge Funds Weigh In On Ohmyhome

An institutional investor recently bought a new position in Ohmyhome stock. Virtu Financial LLC purchased a new stake in Ohmyhome Limited (NASDAQ:OMH) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 32,066 shares of the company’s stock, valued at approximately $30,000. Virtu Financial LLC owned 0.14% of Ohmyhome at the end of the most recent quarter. Institutional investors own 0.73% of the company’s stock.

About Ohmyhome

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.