E-House (China) (EJ) Falls: Stock Tumbles 9.7%


E-House (China) Holdings Limited (EJ) saw a big move last session, as the company’s shares fell nearly 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for EJ, as the stock is now up almost 10% since Feb 3.

The real estate service provider has seen a flat track record when it comes to current year estimates, with no revisions on either side, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

EJ currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same sector include Jones Lang LaSalle Incorporated (JLL), NorthStar Realty Finance Corp. (NRF) and zipRealty Inc. (ZIPR). All these stocks hold a Zacks Rank #2 (Buy).
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E HOUSECHINA HOLDINGS LTD (EJ): Free Stock Analysis Report

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