Apr. 13 at 3:30 PM
$LEJUY In light of the recent NYSE delisting proceedings against Leju Holdings Limited, investors may find the following insights from InvestingPro particularly pertinent. Despite the challenging circumstances, Leju Holdings maintains a stronger liquidity position than might be expected, holding more cash than debt on its balance sheet. This can be a key factor for companies in weathering financial uncertainties and potentially restructuring their operations.
Additionally, analysts following the company anticipate sales growth in the current year. This projection could suggest underlying business potential that may not be immediately apparent from the delisting news. However, it is important to note that Leju Holdings has not been profitable over the last twelve months, which contributes to the concerns leading to its delisting.
