Ohmyhome (NASDAQ:OMH) Trading Up 7.2% – Time to Buy?

Ohmyhome Limited (NASDAQ:OMH)’s share price was up 7.2% on Wednesday . The company traded as high as $0.43 and last traded at $0.43. Approximately 142,493 shares were traded during mid-day 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 lowered their target price on shares of Ohmyhome from $3.00 to $1.50 and set a “buy” rating on the stock in a research report on Friday, September 27th.

Ohmyhome Price Performance

The business has a fifty day simple moving average of $0.42 and a 200 day simple moving average of $0.49.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Ohmyhome stock. Virtu Financial LLC acquired a new position in shares of Ohmyhome Limited (NASDAQ:OMH) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 32,066 shares of the company’s stock, valued at approximately $30,000. Virtu Financial LLC owned approximately 0.14% of Ohmyhome at the end of the most recent quarter. 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.